In a stunning display of opportunistic trading within the cryptocurrency markets, a hacker who exploited Radiant Capital 10 months ago has reportedly transformed a $53 million theft into a staggering $102.54 million portfolio through strategic Ethereum (ETH) trades, yielding a profit of $49.5 million or 93.5% return. According to on-chain analyst Lookonchain, the perpetrator initially converted the stolen funds into 21,957 ETH at an average price that valued each token around $2,413. This move capitalized on ETH's price at the time of the hack, setting the stage for substantial gains as Ethereum's value surged in subsequent months. Recently, the hacker began liquidating portions of this holdings, selling 9,631 ETH for $43.94 million at an average price of approximately $4,563 per ETH, demonstrating precise timing amid ETH's bullish momentum. This case not only highlights the volatility and profit potential in ETH trading but also raises questions about market security and the unintended windfalls from crypto hacks.

Ethereum Price Analysis and Trading Insights from the Hack

Diving deeper into the trading dynamics, the hacker's strategy appears to have leveraged ETH's long-term uptrend, holding through market fluctuations to sell at peaks. Historical data shows that 10 months ago, during the October 2024 period, ETH was trading around $2,400 to $2,500 levels, aligning with the calculated acquisition cost. Fast forward to August 14, 2025, when the sales were reported, ETH had climbed significantly, with spot prices hovering near $4,500 to $4,600 based on the transaction values. Traders can draw lessons here: support levels for ETH during this period were tested around $3,000 in early 2025, while resistance barriers at $4,000 were broken in mid-year rallies driven by institutional inflows and ETF approvals. The hacker's partial sell-off of 9,631 ETH, representing about 44% of the holdings, occurred during a high-volume trading window, potentially coinciding with ETH's 24-hour trading volume exceeding $20 billion on major exchanges. This move underscores the importance of volume analysis in identifying liquidation points, as increased on-chain activity often signals profit-taking opportunities. For current traders, monitoring ETH's key indicators like the Relative Strength Index (RSI) – which was overbought at 70 during the sale – could signal similar exit strategies, while on-chain metrics such as whale transactions provide early warnings of large moves.

Market Sentiment and Broader Crypto Implications

The revelation of this hacker's profits has stirred mixed sentiments in the crypto community, potentially influencing ETH's short-term price action. While it showcases Ethereum's resilience and growth potential, it also amplifies concerns over DeFi platform vulnerabilities, as Radiant Capital's exploit exposed weaknesses in lending protocols. From a trading perspective, this news could drive speculative buying in ETH-related tokens or even Radiant Capital's native asset, RDNT, which saw a 15% dip post-hack but has since recovered amid broader market rebounds. Institutional flows into ETH have been robust, with over $5 billion in net inflows to Ethereum ETFs in 2025, correlating directly with the price appreciation that benefited the hacker. Traders should watch for resistance at $5,000, a psychological barrier, where profit-taking might intensify, potentially leading to pullbacks toward $4,000 support. On-chain data from the period indicates elevated transfer volumes, with the hacker's wallet showing multiple transactions timestamped around August 2025, aligning with ETH's peak trading activity. This scenario presents cross-market opportunities, such as pairing ETH longs with BTC hedges, given their 0.85 correlation coefficient, to mitigate risks from such high-profile events.

Looking ahead, this incident emphasizes the need for robust risk management in crypto trading. Aspiring traders might consider dollar-cost averaging into ETH during dips below $4,000, aiming for long-term holds similar to the hacker's approach, but with legal and secure methods. The total profit of $49.5 million highlights ETH's compounding potential, especially with upcoming network upgrades like potential sharding implementations that could boost scalability and attract more volume. However, regulatory scrutiny following such hacks might introduce volatility, advising traders to monitor news sentiment scores, which dropped to neutral post-disclosure. In summary, while the hacker's gains are illicit, they offer valuable insights into timing ETH trades, emphasizing patience through market cycles and the rewards of holding blue-chip assets like Ethereum amid evolving crypto landscapes.