Crypto Hackers Capitalize on ETH Surge, Offloading $72M This Week
Main Idea
Crypto hackers have capitalized on Ethereum's price surge to liquidate stolen funds, profiting tens of millions by strategically selling ETH holdings.
Key Points
1. Three high-profile exploiters offloaded $72M worth of ETH amid its rally to $4,780, significantly increasing their profits.
2. The Radiant Capital exploiter, suspected to be a North Korean entity, sold 9,631 ETH for $44M in stablecoins, retaining $101M in combined assets.
3. The Infini exploit attacker sold 3,540 ETH for $13M in stablecoins, with their remaining stash gaining an extra $25.15M in value.
4. A THORChain and Chainflip exploiter sold 4,957 ETH for $22.13M, netting a $9.76M profit from the price surge.
5. Crypto hacks resulted in $3.1B in losses in the first half of 2025, with $1.49B lost in a separate incident.
Description
Ether's (ETH) recent rally to $4,780 has delivered a wealth of profits to several high-profile hackers, who have capitalized on the surge by offloading their ill-gotten gains. In three separate case, on-chain data, revealed by X account EmberCN , shows hackers strategically liquidated their ETH holdings for tens of millions in profit. The Radiant Capital exploiter, who the protocol alleges is a North Korean entity , drained around $53 million in assets from the DeFi protocol last October. They c...
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