In the ever-volatile world of cryptocurrency trading, a significant development has emerged involving the Radiant Capital hacker, who continues to liquidate stolen assets in a move that could influence ETH market dynamics. According to EmberCN, the hacker has been actively selling Ethereum (ETH) for DAI stablecoin, with the latest transaction occurring in the past hour. Specifically, the perpetrator exchanged 4,326 ETH for 20.475 million DAI, adding to a series of sales that began two days ago. This ongoing activity highlights potential selling pressure on ETH and underscores the importance of monitoring on-chain metrics for traders looking to capitalize on or hedge against such events.

Ongoing ETH Liquidation and Market Implications

Delving deeper into the details, the hacker's total sales since the spree started amount to 9,631 ETH swapped for 43.937 million DAI, achieved at an average price of $4,562 per ETH. This average selling price is noteworthy for traders, as it provides a benchmark against current ETH valuations. As of the latest update on August 14, 2025, the hacker still holds 12,326 ETH alongside the accumulated 43.937 million DAI, totaling an estimated value of $102 million. This is a stark increase from the original $53 million worth of assets stolen last year, demonstrating how market appreciation has amplified the hacker's gains. For cryptocurrency traders, this scenario raises questions about resistance levels for ETH; if the remaining holdings are dumped, it could test support around recent highs, potentially triggering volatility in ETH/USD and ETH/BTC pairs.

Trading Opportunities Amid Hacker Activity

From a trading perspective, this hacker's actions offer concrete insights into on-chain flows and sentiment. The consistent selling of ETH into DAI suggests a preference for stablecoin stability, possibly to launder or preserve value amid regulatory scrutiny. Traders should watch trading volumes on major exchanges like Binance or Uniswap for spikes in ETH-DAI pairs, as increased volume could signal broader market reactions. For instance, if ETH faces downward pressure from these sales, short-term traders might find opportunities in short positions, targeting support levels near $4,000 if selling intensifies. Conversely, long-term holders could view this as a dip-buying chance, especially if institutional flows remain strong. On-chain data reveals that such large transactions often correlate with temporary price dips; historical patterns show ETH recovering within 24-48 hours post similar events, with average rebounds of 5-10% based on past hacks. Monitoring tools like Etherscan for wallet movements is crucial, as the hacker's address could provide early signals for entry or exit points.

Beyond immediate price action, this event ties into broader crypto market sentiment, particularly around DeFi security and asset recovery. Radiant Capital, a lending protocol, suffered this hack last year, and the hacker's profitable liquidation amid ETH's bull run exemplifies the risks and rewards in the space. Traders should consider correlations with other assets; for example, if ETH weakens, altcoins like those in the DeFi sector might follow suit, creating arbitrage opportunities in pairs such as ETH/DAI or ETH/USDT. Institutional interest, evidenced by recent ETF inflows, could counterbalance this pressure, potentially stabilizing ETH above key moving averages like the 50-day SMA. Overall, this narrative emphasizes the need for risk management—setting stop-losses around 5% below current levels and diversifying into stablecoins like DAI during uncertain periods. As the hacker controls over $100 million in assets, any further moves could ripple through the market, offering savvy traders a chance to profit from volatility while highlighting the enduring appeal of ETH as a core holding despite external shocks.

In summary, this Radiant Capital hacker's ETH sales represent a live case study in crypto trading dynamics, blending on-chain analysis with market psychology. With no signs of stopping, traders are advised to stay vigilant, using real-time indicators to navigate potential ETH price fluctuations and seize trading opportunities in this high-stakes environment.