On March 22, attackers behind Venus and Resolv executed large ETH buy orders totaling $28.56 million. The Venus attacker converted BNB, BTC, and CAKE into 2,257.3 ETH, valued at $4.72 million. The Resolv attacker sold over-minted USR to purchase 11,437 ETH, worth $23.84 million. These actions may test key support and resistance levels in the ETH market. Traders are assessing the risk-to-reward ratio of holding ETH amid sudden large-volume inflows.
BlockBeats news, on March 22, according to EmberCN, the Venus and Resolv attackers collectively provided $28.56 million in ETH support today:
Today, the attacker behind the Venus THE exploit converted the BNB, BTC, and CAKE withdrawn from Venus into 2,257.3 ETH, worth $4.72 million;
Today, the attacker behind the Resolv USR exploit sold the minted excess USR and purchased 11,437 ETH, worth $23.84 million.