ETH Hack Raises Fear and Greed Index to 58
The post ETH Hack Raises Fear and Greed Index to 58 appeared on BitcoinEthereumNews.com.
Key Points: Radiant Capital hack impacts ETH market and raises Fear Index. ETH laundered via Tornado Cash raises compliance concerns. Market sentiment shifts as key players adjust holdings. A significant move involving 5,933 ETH, equivalent to $26.7M, through Tornado Cash has impacted Radiant Capital. The rising Fear and Greed Index signals increased volatility and investor sentiment shifts amid hack-related fund movements. Radiant Capital Hack Shakes Ethereum Market “The Radiant Capital hacker has transferred 5,933 ETH (approximately $26.7 million) through Tornado Cash in the past hour. The hacker had previously made an additional profit of about $5.1 million in August through three swing trades of buying low and selling high on ETH” – Yu Jin, Analyst, ChainCatcher The Fear and Greed Index rose to 58, indicating heightened market anxiety. ETH transfers associated with the hack led to broader sentiment shifts, reflecting ongoing volatility concerns. The use of Tornado Cash raised compliance issues, given its status as a sanctioned tool. Reactions from market participants include close monitoring of ETH flows and the activities of large players like Arthur Hayes. While no public comments were made by key figures, regulatory interest grows concerning Tornado Cash’s usage. Market Dynamics and Historical Insights Did you know? The surge in ETH market activity due to the hack mirrors past instances, where obfuscation tools like Tornado Cash were utilized, often resulting in temporary ETH price volatility and rising decentralized exchange volumes. Ethereum (ETH) currently trades at $4,506.54, with a market cap of $543.96 billion, representing 13.59% dominance. Over the last 24 hours, ETH gained 2.41%, and within the past week, it rose 4.30%. Despite a recent 30-day decline of 3.31%, ETH surged 76.44% in the last 90 days. Data provided by CoinMarketCap. Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 04:12 UTC on September 12, 2025. Source: CoinMarketCap…
Filed under: News - @ September 12, 2025 6:31 am