Radiant Capital Hacker Converts Stolen Funds Amid Market Activity

According to PANews, blockchain analyst Yu Jin has reported recent activities by the Radiant Capital hacker. Three days ago, the hacker purchased 4,914 ETH for $4,167 each and has now sold 3,931 ETH at $4,726 each, converting them into 18.57 million DAI within the last two hours. The hacker's activities trace back to last year when $53 million was stolen and converted into 21,900 ETH at $2,420 each for storage. On August 14, the hacker sold 9,631 ETH at $4,562 each. This was followed by a purchase of 4,914 ETH at $4,167 each on August 20. Currently, the stolen assets, initially valued at $53 million, have appreciated to $104 million. This includes 13,300 ETH valued at $62.63 million and 42.03 million DAI.