Radiant Capital Exploiter Cashes Out Amid ETH Rally

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Just 7 hours ago, the address behind the Radiant Capital exploit sold 2,496 $ETH for $11.83M $DAI at around $4,741 per ETH. Earlier, the attacker had drained $53M and converted it into 21,957 $ETH, now worth $102.5M thanks to Ethereum’s price surge, a 93.5% gain. They’ve already sold 9,631 $ETH for $43.94M and swapped 3,091 $ETH for $13.26M $DAI, while still holding 12,326 $ETH, roughly $58.6M. The episode is a stark reminder of how quickly DeFi exploits can grow in value when crypto prices rise.

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A crypto and finance journalist with over three years of experience turning complex market trends into stories that anyone can understand. With a strong background in covering business, finance, and digital assets, Nausheen has contributed to global media outlets including Reuters and CoinGape. Passionate about the fast-moving world of blockchain and emerging tech, she blends sharp analysis with clear storytelling, making insights valuable for both new readers and seasoned investors.