ETH Rebound: Radiant Capital Profits as Hacker Buys 1,482 ETH with 5.836M DAI at $3,938

COINOTAG News, October 30, citing Sentinel Monitoring, reports an on-chain action by an unidentified wallet purchasing 1,482 ETH with DAI totaling 5.836 million at a price near $3,938 per ETH, completed roughly one hour ago.

The transaction aligns with the ongoing ETH rebound, underscoring persistent appetite for large-scale, stablecoin-backed bets in the current risk environment. Radiant Capital, noted in reports, has participated in prior rebounds and may be observing near-term price movement.

Analysts note that the size of the bid points to continued on-chain liquidity dynamics and potential volatility as market participants recalibrate exposure to ETH and DAI.

Readers should monitor corroborating data from other trackers and exchanges; this report remains an observational snapshot and does not imply illicit activity.