- Hackers incurred steep losses by panic-selling Ethereum during the market downturn.
- Estimated losses exceed $4.5 million to $5.5 million.
- Market reactions amplify as hackers buy high, sell low.
Multiple hacker-linked wallets panic-sold over 8,600 ETH (Ethereum) valued at $32.5 million during the October 2025 crypto market downturn, realizing significant losses.
These panic sales intensified market volatility, contributing to a broader crypto liquidation amid global economic pressures, as flagged by Lookonchain monitoring.
Hackers Panic-Sell 8,600 ETH Amid Market Downturn
This market sell-off resulted in notable changes as the hackers repurchased Ethereum at higher prices despite a significant downturn. Their actions demonstrated a classic case of buying high and selling low.
Community reactions highlighted the irony of hackers facing such losses, often commenting on X (formerly Twitter) about the inefficiency of panic-selling in illiquid markets. ZachXBT confirmed the transactions as tied to stolen assets.
Ethereum Price Analysis and Future Market Stability
Did you know? Even hackers, known for their crafty tactics, can fall into the typical buy-high, sell-low trap during volatile market conditions.
Ethereum (ETH) is currently valued at $3,851.25 with a market cap of $464.84 billion, a 12.86% dominance in the crypto market. The 24-hour trading volume stands at $56.75 billion, reflecting a 16.87% change. Recent price movements indicate a rise of 6.46% over 90 days, as reported by CoinMarketCap.
Ethereum(ETH), daily chart, screenshot on CoinMarketCap at 02:55 UTC on October 18, 2025. Source: CoinMarketCapEthereum price analysis insights suggest projects’ potential for technological enhancement to reduce panic-driven trading. Analysts posit regulatory adjustments might enhance market liquidity and stability, minimizing future large-scale sell-offs.
| DISCLAIMER: The information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing. |
Source: https://coincu.com/markets/hackers-panic-sell-ethereum-losses/
