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Ethereum Price Prediction: Is ETH Rebounding as Infini Hacker Buys the Dip?

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Ethereum Price Prediction: Is ETH Rebounding as Infini Hacker Buys the Dip?

Crypto hacking is a problem that will last as long as crypto exists. However, the good thing is that blockchain technology provides a record of these activities. In some instances, stolen funds have been tracked and frozen, but shady deals continue.

Interestingly, some savvy traders also carry out these hacks. Recent activity by the Infini exploiter has suggested a potential market bottom for Ethereum price, as has been the case in his past trades.

Tracking History of Infini Hacker As He Exploits ETH Bottoms and Tops

As per data from Lookonchain, the Infini Exploiter bought the dip once again. He bought 6,316 ETH for $2,109, exchanging them for 13.32 million DAI. Then he sent all of his 15,470 ETH to Tornado Cash, worth $32.6 million. The transfer to Tornado Cash was typical for stolen funds being mixed.

This fits with what he usually does, not only on the hacking side but also in the trading side.

He bought 17,696 ETH for $2,798 on February 24, 2025, after stealing 49.5 million USDC. He then sent 5,000 ETH to Tornado Cash on July 17, 2025, and sold 1,770 ETH for $5.88 million at $3,322. The result was yet another successful trade.

Then, on August 11, 2025, he sold 1,771 ETH for $4,202, making $7.44 million. This further affirmed that the hacker was proficient at offloading his holdings at the extreme tops of ETH.

Infini Exploiter activity data | source: Lookonchain
Infini Exploiter activity data | source: Lookonchain

He bought at the bottom again in the past 24 hours. His past showed that he was skilled at taking advantage of ETH price extremes. In every case, he bought when prices were low and sold when they were high.

Does this behavior suggest that ETH could be going up again, given the exploiter’s past success trading it?

Ethereum Price Prediction: Does This Mean ETH Could Be Reversing?

Looking at the Ethereum price prediction chart, it showed that ETH was making a V-shaped recovery, like it did in late June 2025. The June 2025 recovery followed a sharp drop from a sideways range, just as is the case now.

Recent data shows that the price dropped almost 47% to below $1,900. It then bounced back to around $2,100, suggesting a V-shaped reversal.

On the 4-hour chart, though, the price was below the dynamic anchored VWAP, which was still declining. This meant that sellers still had more power.

However, recent candles have formed higher lows around $2,000, suggesting short-term demand. The zone where the exploiter bought his ETH.

Ethereum price action chart | Source: TradingView
Ethereum price action chart | Source: TradingView

The previous support range at $2,727 has completely failed and is now acting as resistance. So, a reclaim above $2,300 and VWAP would make it more likely that the trend will reverse.

If not, the bounce could be a pullback within a larger downtrend. It is important to note that being similar to past fractals does not mean that they will happen again.

Analyst Issues Warning on ETH Price

Again, popular analyst Ted Pillows issued a very clear warning to Ethereum holders. ETH was at a make-or-break point at the $2,000 level after failing to hold above $2,100. The pillow was clear: if $2,000 breaks, the whole recent rise could go back to where it started.

ETH price action chart | Source: Ted Pillows/X
ETH price action chart | Source: Ted Pillows/X

The recent rise that took ETH above $1,700 could quickly reverse, making a market decline more likely. For traders, the message was simple but crucial. The $2,000 level was no longer support; it was the line between going on and a painful reset.

lennox gitonga
Written by
Crypto Analyst

Lennox is a professional financial market analyst who's enthusiastic about blockchain, cryptos, and web3. He started blogging about cryptos back in 2019 and has since never looked back. His work revolves around looking at crypto-projects analytically on a technical and on-chain level, while also making sure it's palatable to the general audience.

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About this article

PublishedFebruary 10, 2026 2:03 am
Last updatedFebruary 9, 2026 11:11 pm
Written bylennox gitonga, Crypto Analyst
ReviewedFact-checked by the TMP editorial desk

This report follows our Editorial Policy, Fact-Checking Standards and Code of Ethics. Found an inaccuracy? See Corrections.

Disclaimer. Informational only, not financial advice. Crypto, forex and stocks are volatile, high-risk assets — always do your own research and consult a qualified adviser.

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