Radiant Capital Hack: ETH Buy Dem Raise Assets To $103M
Radiant Capital hack dey still unfold as di attacker dey increase dem strategic ETH buys. On-chain data show say on August 20, 2025, di hacker spend 8.64 million DAI to buy 2,109.54 ETH at average price of $4,096, making over $200,000 when ETH bounce back to $4,200. Ten days later, on August 30, di same person buy extra 5,475 ETH for $23.7 million at $4,330 each. These buys follow di 2023 Radiant Capital hack wey exploit about $51 million, wey never recover and get link to hackers wey connect to North Korea. Di aggressive ETH buying strategy dey make asset recovery hard and dey add short-term buying pressure for market. Traders suppose monitor on-chain flow cos this kain moves fit affect Ethereum's volatility, impact how DeFi secure itself, and fit trigger more regulatory checks.
Bullish
By di hacker for Radiant Capital buy plenty more than 7,500 ETH, e dey push short-term buying power well-well for di Ethereum market. When you buy big like that, e fit make di price rise sharply for short time as market dey swallow those big orders. But because di money wey dem steal still dey waka around, e fit cause wahala, make investors for DeFi protocols fear, plus regulators fit come crackdown. For long run, if such exploit keep happening, e fit make dem put beta security, but e fit also make di market dey shake shak if same kind thing happen again. Overall, ETH price go dey bullish because demand dey now but traders still need dey watch market well well.