Balancer hacker swaps 21,000 ETH ($48.72M) for 617.43 BTC over 3 days, leaving 1,000 ETH amid ETH price prediction volatility and Bitcoin market impact.

According to @EmberCN, the Radiant Capital hacker who stole about $53 million in October 2024 converted the haul into 21,957 ETH at an average price of $2,414 and began selling three days ago, unloading 9,631 ETH for $43.937 million to date; source: @EmberCN on X. According to @EmberCN, the wallet’s running profit is approximately +$48.3 million, leaving around 12,326 ETH still unsold, which could add near-term sell-side supply if liquidated; source: @EmberCN on X.