The Radiant Capital attacker has conducted numerous large-scale ETH transactions with a total value reaching tens of millions of USD recently.
The hacker has bought and sold large quantities of ETH, turning last year's stolen assets worth $53 million into over $104 million, based on blockchain data analysis.
MAIN CONTENT
The attacker bought and sold thousands of ETH with prices changing over a few days.
The total value of stolen assets has increased from $53 million to $104 million.
Transaction data analysis shows the detailed actions of the hacker.
How has the Radiant Capital hacker traded recently?
According to Ember chain expert analysis, the hacker bought 4,914 ETH at an average price of $4,167/ETH three days ago and recently sold 3,931 ETH at a price of $4,726/ETH, yielding 18.57 million DAI.
This trading model shows that the hacker flexibly places buy and sell orders for ETH to take advantage of price fluctuations, effectively increasing the value of the stolen assets. Selling later at higher prices has generated significant profits.
The recorded transaction chain occurred as follows: buying 4,914 ETH on August 20, then selling nearly 4,000 ETH today at a marked price difference.
How has the total value of stolen assets increased over the past year?
Bolder, the stolen assets worth $53 million last year have increased to $104 million as of now.
This includes 13,300 ETH, currently valued at $62.63 million, and 42.03 million DAI, creating a total asset value double that of the initial amount. This reflects the strong price increase of ETH and the hacker's effective investment in the seized assets.
What major transactions have occurred since the hack?
The hack led to the purchase of 21,900 ETH at an average price of $2,420/ETH from the initial stolen amount of $53 million. Then, on August 14, 9,631 ETH was sold at a price of $4,562/ETH, followed by another purchase of 4,914 ETH on August 20 at a slightly lower price of $4,167.
These fluctuations show a smart trading strategy aimed at maximizing asset value by buying at low prices and selling at high prices, reflecting the hacker's market understanding and effective asset management.
Frequently asked questions
1. How has Radiant Capital hacker utilized the stolen assets?
The hacker primarily traded ETH and DAI in the market, increasing asset value through strategic buying and selling activities based on market volatility.
2. What is the current value of the hacker's assets?
The total assets have increased from $53 million last year to over $104 million, including 13,300 ETH and 42.03 million DAI.
3. What period did the ETH transactions occur?
Important transactions occurred from August 14 to 23 with large buy and sell orders from the hacker.
4. What sources is this analysis based on?
The analysis data was published by Ember chain experts through direct transaction tracking on the blockchain.
5. How does the increase in ETH prices affect the hacker's asset value?
The significant rise in ETH prices has greatly increased the total asset value compared to the initial stolen amount.
Source: https://tintucbitcoin.com/hacker-radiant-capital-ban-eth-tri-gia-tang/
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