Cetus hacker goes on a shopping spree for ETH, what kind of game is hidden behind it?
On-chain data shows that the Cetus hacker has just cross-chained 57.66 million USDC to the Ethereum mainnet, directly purchasing 22,114 ETH at an average price of $2,652. This is not a simple 'runaway to exchange coins', but rather an active bet on the future rise of Ethereum.
From the behavioral logic, this type of hacker operation exposes several underlying implications:
A strong confidence in the long-term value of ETH;
Cross-chain exchanging for ETH may be aimed at leveraging more DeFi ecosystems to continue 'arbitraging' or hiding traces!!!
