Bitcoin slipped below $50K and will likely consolidate this week, analysts say.
Ethereum blockchain transaction records confirm the transfer of 160 ETH (about $480,000) to the "Poly Network Exploiter 2" wallet address.
"WHAT A FUNNY GAME," the Poly Network attacker wrote into a transaction on the Ethereum blockchain.
The largest cryptocurrency by market value was trading close to its highest level in more than two months
Analysts said the market doesn't have much of an appetite now for bitcoin above $46,000 or for a massive selloff.
The crypto reached its highest level since mid-May.
First came the attack. Then came the moochers.
The latest rally took bitcoin's year-to-date return to 48%, far exceeding the Standard & Poor's 18% gain.
Stiff price resistance is still seen in the low $40,000 range, but analysts are wondering aloud if the worst of the recent bear market might have passed.