📢 Gate Square Exclusive: #PUBLIC Creative Contest# Is Now Live!
Join Gate Launchpool Round 297 — PublicAI (PUBLIC) and share your post on Gate Square for a chance to win from a 4,000 $PUBLIC prize pool
🎨 Event Period
Aug 18, 2025, 10:00 – Aug 22, 2025, 16:00 (UTC)
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Post original content on Gate Square related to PublicAI (PUBLIC) or the ongoing Launchpool event
Content must be at least 100 words (analysis, tutorials, creative graphics, reviews, etc.)
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Recently, the follow-up developments of the hacker attack incident on Radiant Capital have attracted widespread attention in the Crypto Assets market. According to the latest news, this hacker has invested another 10 million DAI in purchasing ETH in the past hour, bringing today's total investment to 18.64 million DAI, with a total purchase of 4487.8 ETH at an average price of 4154 dollars.
This series of operations showcases the hacker's amazing investment strategy. Since the attack event occurred, their investment has realized a profit of 41.63 million dollars, demonstrating extraordinary market insight. Notably, this stands in stark contrast to their behavior a week ago when they sold ETH for DAI, implying that they may have anticipated a rebound in ETH.
However, the challenges currently faced by the crypto assets market cannot be ignored. Market liquidity remains fragile, and the U.S. Treasury may withdraw $500 to $600 billion, which could exacerbate market volatility. For ETH holders, this may not be the best time to sell. Industry experts generally believe that the direction of the Federal Reserve's policy in September could become an important turning point for the market, with ETH prices expected to reach $4200 in the short term.
Nevertheless, investors must act with caution and closely follow market trends and changes in regulatory policies. The high volatility of the Crypto Assets market means that opportunities and risks coexist, and investment decisions should be based on comprehensive analysis and individual risk tolerance.