DAO attacker reappears, transfers more than 3.6 million ETC, what is his intention?

At present, the DAO attacker has already taken action. More precisely, he has transferred all of his 3.6 million ETC to another address. The problem is that regardless of whether he plans to use this part of the funds, the exchange will refuse to serve him. These 3.6 million ETC are enough to cause the market to collapse.

When the DAO smart contract vulnerability was exploited by an anonymous attacker, the Ethereum community was in a panic, worried about their own fund losses and the price trend of Ethereum. Therefore, the community voted to pass the controversial hard fork code to retrieve the stolen funds. In the short term, this seems to be a good idea, but from the perspective of Ethereum's long-term development, this solution cannot completely solve the problem.

Since the hard fork code was executed, Ethereum Classic has emerged. Ethereum Classic is determined to maintain the operation mode of the old chain, which means that the DAO attacker holds a large amount of ETC. ETC has never been worried about this until the attacker recently started to move funds.

To be more precise, the attacker transferred a total 3641694个ETC The price of ETC keeps rising, so 3.6 million is a pretty large number. The current price of 1 ETC is 0.00514 BTC, which is worth $2.75. Although it is unknown when the attacker will spend this huge amount of money, if he makes a move and the exchange rejects the transaction, nearly 1000万美元of funds will be at risk.

The split in the Ethereum community can be said to be caused by the DAO attacker. Some people think that he should sell his ETC as soon as possible to let its price plummet. Judging from the recent upward trend of ETC, even if you have $10 million worth of ETC, you won’t make much money by selling it now.

It is also possible that the DAO attacker simply spilt the funds into another child DAO. This would lock the funds for a certain period of time, forcing Ethereum developers to take the initiative to launch an attack. The only thing that can be confirmed at present is that the development history of ETH and ETC is really interesting.