Infini Exploiter Accumulates 6,316 ETH and Moves Funds to TornadoCash
According to Lookonchain, the Infini Exploiter has recently spent 13.32 million DAI to purchase 6,316 ETH at $2,109 per ETH. Following this transaction, all 15,470 ETH, worth approximately $32.6 million, were sent to TornadoCash. The exploiter has demonstrated a pattern of strategic trading, including significant ETH acquisitions and high-value sales in the past, often utilizing TornadoCash for fund obfuscation.
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The cryptocurrency market continues to showcase intriguing trading behaviors, particularly with high-profile exploiters demonstrating savvy timing in Ethereum (ETH) trades. According to blockchain analytics expert @lookonchain, the so-called Infini Exploiter recently capitalized on a market dip, purchasing 6,316 ETH at an average price of $2,109 using 13.32 million DAI just eight hours ago. This move came amid broader ETH price volatility, where the asset has been testing key support levels around the $2,000 mark. Following the acquisition, the exploiter transferred a total of 15,470 ETH, valued at approximately $32.6 million, to Tornado Cash, a privacy-focused mixer often used to obscure transaction trails. This pattern of buying low and swiftly anonymizing holdings highlights a strategic approach to ETH trading, potentially signaling confidence in an upcoming rebound despite current market pressures.
Historical Trading Patterns of the Infini Exploiter
Delving deeper into the exploiter's history reveals a consistent knack for timing ETH market movements. On February 24, 2025, the entity reportedly stole 49.5 million USDC and converted it into 17,696 ETH at $2,798 per unit, catching Ethereum at a relative low point during that period's consolidation phase. This initial buy-in set the stage for profitable exits later. By July 17, 2025, the exploiter sent 5,000 ETH to Tornado Cash while selling 1,770 ETH for $5.88 million at $3,322, locking in gains as ETH rallied amid positive sentiment from institutional inflows. The pattern continued on August 11, 2025, with another sale of 1,771 ETH for $7.44 million at $4,202, capitalizing on a peak driven by broader crypto market euphoria. Today's dip-buy at $2,109 represents a return to accumulation, suggesting the exploiter views current ETH prices as undervalued, potentially eyeing resistance levels around $2,500 to $3,000 for future sells.
Market Implications and ETH Price Analysis
From a trading perspective, these actions provide valuable insights into ETH's price dynamics and broader market sentiment. The recent purchase at $2,109 aligns with ETH's 24-hour trading volume surging amid volatility, where on-chain metrics show increased whale activity. Support levels for ETH have held firm near $2,000, with potential upside if buying pressure from such large holders intensifies. Traders should monitor key indicators like the Relative Strength Index (RSI), which recently dipped into oversold territory, indicating a possible reversal. Resistance at $2,300 could be tested soon, especially if correlated assets like Bitcoin (BTC) maintain their upward trajectory. This exploiter's moves also underscore risks in the DeFi space, where exploits can lead to rapid liquidity shifts, affecting trading pairs such as ETH/USDT and ETH/DAI on major exchanges. Institutional flows into Ethereum-based ETFs could further amplify these patterns, offering trading opportunities for those tracking on-chain data.
Connecting this to stock market correlations, Ethereum's price often mirrors tech-heavy indices like the Nasdaq, where AI-driven innovations influence sentiment. For instance, if stock markets rally on positive earnings from AI firms, ETH could benefit from spillover effects, creating cross-market trading strategies. However, the use of Tornado Cash raises regulatory concerns, potentially impacting market confidence and leading to short-term dips. Traders might consider long positions on ETH if it breaks above $2,200, with stop-losses near $1,950 to mitigate downside risks. Overall, this narrative emphasizes the importance of real-time on-chain monitoring for identifying buying low and selling high opportunities in volatile crypto markets.
Trading Strategies Inspired by Exploiter Tactics
Drawing trading lessons from this case, investors can adopt similar dip-buying strategies during ETH corrections. Focus on metrics like trading volume spikes—recent data shows ETH volumes exceeding 10 billion in 24 hours during dips—and pair it with sentiment analysis from social platforms. For those exploring multiple trading pairs, ETH/BTC has shown resilience, with ratios improving as Ethereum upgrades enhance scalability. Broader implications include watching for AI token correlations, as advancements in blockchain AI could boost ETH adoption. In summary, while the exploiter's methods involve controversial origins, they exemplify disciplined trading: accumulating at support levels and exiting at resistance, a blueprint for navigating Ethereum's price swings in 2026 and beyond.
Lookonchain
@lookonchainLooking for smartmoney onchain