Radiant Capital Hacker Buys Back 2,109.5 ETH Amid Massive Holdings Growth
The hacker linked to Radiant Capital has spent $4.33 million on 5,475 ETH in the past hour, continuing the trend of significant crypto purchases after prior sales.
ETH
DAI
Fact Check
Multiple recent sources (Phemex, Coinfomania, Bitget) directly corroborate the specific claim that the Radiant Capital hacker purchased approximately 2,109.5 ETH. The evidence is consistent, cites on-chain monitoring firms like Lookonchain, and provides specific details like the price paid. The context of 'massive holdings growth' is also supported by other articles (Coinspeaker, CoinStats) that detail significant profits and gains made by the hacker on their stolen assets.
Summary
The Radiant Capital hacker acquired 5,475 ETH for $4.33 million, spending 23.7 million DAI in the last hour. This follows a previous ETH sale at $4,726 per unit last week, further expanding the attacker’s cryptocurrency holdings.
Terms & Concepts
- ETH (Ethereum): The native cryptocurrency of the Ethereum blockchain, used for transactions, smart contract execution, and decentralized applications.
- DAI: A U.S. dollar-pegged stablecoin issued by MakerDAO, designed to maintain a stable value through collateral-backed mechanisms.
- Radiant Capital: A decentralized finance (DeFi) platform on blockchain networks that facilitates lending and borrowing of crypto assets.