Crypto Hackers Profit $72 Million from ETH Surge This Week
Ether's (ETH) recent price increase to $4,780 has enabled hackers to profit significantly from their stolen assets. Key points include:
- High-profile hackers have liquidated ETH holdings for tens of millions in profit.
- The Radiant Capital exploit resulted in the theft of $53 million, with 9,631 ETH sold for $44 million in stablecoins, leaving them with 12,326 ETH and stablecoin proceeds worth a total of $101 million.
- The Infini exploit saw $49.5 million taken in USDC, with 17,696 ETH purchased and later sold for $13 million in stablecoins; remaining ETH valued an additional $25.15 million due to the price surge.
- An unidentified hacker stole 17,412 ETH from THORChain and Chainflip, selling it for $33.9 million DAI, then later bought 4,957 ETH and sold them for $22.13 million in stablecoins, netting a profit of $9.76 million.
- In the first half of 2025, hackers accounted for losses of $3.1 billion, following $1.49 billion in 2024.