The Crypto Assets market has once again experienced dramatic developments. The surge in Ethereum (ETH) prices has not only thrilled investors but also unexpectedly allowed certain Hackers to reap enormous profits. The hack that Radiant Capital suffered was originally a disaster, but with the rise in ETH prices, the value of the stolen assets skyrocketed to $48.3 million, which is quite lamentable.

This incident reveals the absurd reality of the Crypto Assets world: Hackers can effortlessly enjoy the benefits of a bull market simply by holding stolen assets. In contrast, ordinary investors toil day and night, yet often see minimal returns, a disparity that is thought-provoking.

However, behind this windfall lies multiple risks:

First, on-chain data shows that the Hacker has not sold the ETH it holds, seemingly waiting for a higher price. Once a large-scale sell-off occurs, it could trigger panic in the market and put immense pressure on the ETH price. Historically, similar sell-off behavior by Hackers has led to tragic market cap evaporation.

Secondly, this incident may shake users' confidence in decentralized finance (DeFi). The protocol has already suffered a blow from the attack, and the rising value of the stolen assets is undoubtedly adding insult to injury. This may lead users to question the security of DeFi platforms, which in turn could affect the development of the entire ecosystem.

Finally, the continuous increase in profits for hackers has raised more ethical and regulatory issues. In this situation, honest work seems to have become meaningless, while illegal activities have yielded substantial rewards, posing a severe challenge to the values of the entire industry.

Currently, the Crypto Assets market is at a critical moment. The U.S. Producer Price Index (PPI) for July exceeded expectations, leading to a pullback in the crypto market, while expectations for Ethereum reaching a historical high are still fermenting. In this complex market environment, investors need to be more cautious, and the industry also needs to reflect on how to build a safer and fairer crypto ecosystem.