Recently, a notable event occurred in the crypto world. A hacker stole approximately $22.95 million worth of DAI tokens from Coinbase users, and then converted them into USDC and cross-chained to the Solana network. Surprisingly, this hacker did not stop there, but instead invested all the funds into Solana's native token SOL, purchasing a total of 100,913 SOL at an average price of $227.
This series of actions has sparked widespread speculation in the market. The Hacker's behavior seems to indicate an optimistic outlook on the future trend of SOL. After all, such large-scale investments typically suggest that investors anticipate a rise in asset prices. Considering that the main goal of the Hacker is to profit, this move may reflect their confidence in the Solana ecosystem.
From a market perspective, this massive transaction may impact the market sentiment of SOL in the short term. Ordinary investors may be inspired to increase their attention on SOL and may even follow suit to enter the market. If buying demand increases, there is naturally a possibility for the price of SOL to rise.
In addition, the characteristics of the Solana network itself are also worth noting. Its efficient transaction processing capacity and continuously developing ecosystem may be one of the reasons hackers choose this platform. This also indirectly reflects Solana's competitiveness and potential in the crypto assets field.
Although this incident stemmed from illegal activities, it undoubtedly brought a strong bullish signal for SOL. Whether it is the short-term market sentiment or the long-term development prospects, Solana is worth investors' close attention. However, we must also be vigilant that in the crypto assets market, price fluctuations are often difficult to predict, and investment decisions need to be based on comprehensive analysis and careful consideration.
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FlashLoanPrince
· 11h ago
Hacker is copying my homework, bullish on sol, okay?
View OriginalReply0
GamefiGreenie
· 11h ago
Hacker knows to buy sol, what are you waiting for?
View OriginalReply0
GasFeeTherapist
· 12h ago
I'm out, I won't touch it if it's not below 300.
View OriginalReply0
hodl_therapist
· 12h ago
You have to learn to invest even when stealing money.
View OriginalReply0
CryptoNomics
· 12h ago
*sigh* classical case of efficient market paradox: P(theft) ≈ f(market_confidence)
Reply0
ZkProofPudding
· 12h ago
Even thieves have high hopes for SOL? No wonder it's Solana!
Recently, a notable event occurred in the crypto world. A hacker stole approximately $22.95 million worth of DAI tokens from Coinbase users, and then converted them into USDC and cross-chained to the Solana network. Surprisingly, this hacker did not stop there, but instead invested all the funds into Solana's native token SOL, purchasing a total of 100,913 SOL at an average price of $227.
This series of actions has sparked widespread speculation in the market. The Hacker's behavior seems to indicate an optimistic outlook on the future trend of SOL. After all, such large-scale investments typically suggest that investors anticipate a rise in asset prices. Considering that the main goal of the Hacker is to profit, this move may reflect their confidence in the Solana ecosystem.
From a market perspective, this massive transaction may impact the market sentiment of SOL in the short term. Ordinary investors may be inspired to increase their attention on SOL and may even follow suit to enter the market. If buying demand increases, there is naturally a possibility for the price of SOL to rise.
In addition, the characteristics of the Solana network itself are also worth noting. Its efficient transaction processing capacity and continuously developing ecosystem may be one of the reasons hackers choose this platform. This also indirectly reflects Solana's competitiveness and potential in the crypto assets field.
Although this incident stemmed from illegal activities, it undoubtedly brought a strong bullish signal for SOL. Whether it is the short-term market sentiment or the long-term development prospects, Solana is worth investors' close attention. However, we must also be vigilant that in the crypto assets market, price fluctuations are often difficult to predict, and investment decisions need to be based on comprehensive analysis and careful consideration.