Hackers Lose $13M in Panic Selling During Market Crash
CryptocurrencyEthereumUpdated 17 hours ago

Hackers Lose $13M in Panic Selling During Market Crash

During a recent market crash on October 10, hackers sold off their Ethereum holdings, incurring a total loss of $13 million. One hacker alone lost $4.56 million by panic-selling 9,240 Ether. This incident underscores the volatility of the cryptocurrency market and serves as a warning for traders about the dangers of emotional decision-making during downturns.

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'Great Hackers, Terrible Traders': How Exploiters Panic Sold and Lost $13M During Market Chaos
NegativeCryptocurrency
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.
Hacker panic-sells 9,240 Ether during market crash, incurring $4.56M loss
NegativeCryptocurrency
A hacker recently panic-sold 9,240 Ether during a market crash, resulting in a staggering loss of $4.56 million. This incident highlights the significant risks associated with panic selling, especially in the volatile world of cryptocurrency. It serves as a cautionary tale for investors about the importance of managing emotions and strategies during market downturns.

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