Hacker Succumbs to Panic and Sells Millions in ETH
Market
Crypto Economy·byGuido Battigelli
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An anonymous hacker sold 2,243 ETH for about $8.05 million at an average price of $3,589, according to Lookonchain data. The sale took place during a broad market correction, with Ethereum dropping more than 5% . The move, described as a panic-driven sell-off, repeats the hacker’s pattern of buying high and selling low , resulting in recurring losses. The origin of the funds and any link to recent attacks have not been disclosed. The crypto market continues to decline: Bitcoin is trading near $107,000 after falling 2.6%, while total market capitalization dropped 3.4% to $3.57 trillion . The hacker appears...
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