Capital Hacker From Radiant Buys $23.7 Million Worth of ETH, Following Previous Sale at $4,700
In the ever-evolving world of cryptocurrency, one anonymous player has been making waves in the Ethereum market. Known as the Radiant Capital hacker, this enigmatic figure has been responsible for a series of strategic transactions that have caught the attention of traders and market observers alike.
The hacker's latest operation took place on August 29, 2025, when they purchased 5,475 ETH for a staggering 23.7 million DAI, equating to an average price of $4,330. This bold move came just six days after another significant purchase on August 20, where the hacker acquired 4,914 ETH at $4,167, or 20.4 million DAI.
A few days after the August 20 purchase, the hacker made a sizeable sale, offloading 3,931 ETH at $4,726, netting another 18.5 million DAI. This latest operation followed a sale made just a week earlier, where the hacker sold ETH at an average price of $4,726.
These transactions demonstrate the hacker's knack for exploiting market fluctuations by buying at the lows and selling at the highs, a strategy that resembles professional swing trading more than panic-driven sales. This approach has helped the hacker grow their initial $53 million haul to a portfolio worth over $104 million, making them one of the most visible and surprisingly successful players in Ethereum's volatile trading scene.
The hacker's multimillion-dollar buy or sell orders have the potential to influence short-term market sentiment on ETH. In recent weeks, Ethereum has been moving in a volatile range between $4,000 and $5,000. Some traders interpret the hacker's operations as a reflection of broader confidence in Ethereum's resilience.
However, others view these dynamics as a challenge for regulators in blocking the recirculation of illicit funds within crypto markets. The hacker's wallet balance currently stands at approximately 13,300 ETH and contains tens of millions in stablecoins.
Since last year, the hacker has been actively managing their funds, making each trade carefully timed and calculated. The hacker's strategy of buying at lows and selling at highs is reminiscent of a seasoned trader, rather than a typical hacker looking to quickly cash out their ill-gotten gains.
Immediately after the exploit, the hacker bought 21,900 ETH at $2,420 for long-term holding, demonstrating a long-term commitment to their ill-gotten wealth. Despite their continued headline-making activities, the hacker remains anonymous, adding an air of intrigue to their operations.
As the Ethereum market continues to evolve, the activities of this mysterious hacker serve as a reminder of the potential for both profit and risk in the world of cryptocurrency. Whether seen as a threat or a symbol of resilience, one thing is certain: the Radiant Capital hacker is a force to be reckoned with in the Ethereum trading scene.
