'Great Hackers, Terrible Traders': How Exploiters Panic Sold and Lost $13M During Market Chaos

CoinDeskSaturday, October 18, 2025 at 5:38:09 PM
'Great Hackers, Terrible Traders': How Exploiters Panic Sold and Lost $13M During Market Chaos
In a recent market crash on October 10, six hacker wallets sold off their Ethereum (ETH) holdings, resulting in a staggering loss of $13 million. These exploiters panicked and sold at low prices, only to repurchase later at higher rates, compounding their financial setbacks. This incident highlights the volatility of the cryptocurrency market and serves as a cautionary tale for traders about the risks of panic selling.
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