Summer.fi: Exploiter Shifts 6M DAI to ETH

Summer.fi exploiter reactivated wallets on July 6, pulling 6.017M DAI into address 0x7bf716167b48cf527725722c6d79494b45b3bdca before routing 1.35M DAI through Uniswap into ETH and onward via TornadoCash.

Address 0x46e09c4d4d20c0474598b4d2ffdd08bdf416eba7 now holds 50 ETH while 4.67M DAI sits untouched in the primary wallet, per Nansen data.

Price action on the 4h chart shows ETH at $1733.19 testing the upper Bollinger Band resistance at $1811.95 while the RSI(14) at 44.39 remains neutral and the MACD death cross at -2.05 signals fading momentum; with price already inside the band and EMA50 support at $1731.1 holding firm, a measured retracement toward that level appears likely before any sustained continuation higher.