Radiant Capital Hacker Turns $X into $2X—Ethereum Trading Spree Nearly Doubles Illicit Gains

Another day, another DeFi heist—except this one came with a built-in yield strategy. The Radiant Capital exploiter didn’t just walk away with stolen funds; they aggressively traded Ethereum to amplify their haul. Who needs honest market participation when you can hack and hedge?

The Playbook: From Theft to Turbocharged Profits

After draining Radiant’s coffers, the attacker flipped stolen assets into ETH, riding volatility like a Wall Street quant—minus the SEC paperwork. The result? A near 100% bump in value. Forget ‘HODL’—this was ‘Hack, Swap, and Stack.’

DeFi’s Irony: Code Is Law… Until It’s Not

The exploit underscores crypto’s brutal duality: immutable smart contracts meet very mutable ethics. Meanwhile, exchanges keep listing tokens with ‘audited’ badges while hackers treat protocols like an all-you-can-steal buffet. Stay bullish, they said.

About 10 months ago, a hacker stole $53 million from Radiant Capital, converting the entire amount into 21,957 ETH. Recently, the hacker began selling off 9,631 ETH for approximately $43.94 million at an average price of $4,562 per ETH. With 12,326 ETH still held, valued at $58.6 million, the total worth has risen to $102.54 million. This results in a profit of $49.5 million, marking a 93.5% increase from the original theft. The case highlights ongoing risks in decentralized finance and crypto security.