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'Great Hackers, Terrible Traders': How Exploiters Panic Sold and Lost $13M During Market Chaos
Yahoo Finance· 2025-10-18 17:38
Core Insights - The recent crypto crash resulted in significant losses for hackers, with at least six wallets linked to them losing over $13.4 million due to panic-selling of ether (ETH) [1][4][5] - The hackers' trading behavior indicates a lack of strategic decision-making, as they sold high and repurchased at a higher price, further compounding their losses [3][5][6] Group 1: Hacker Behavior - The hackers are part of a group involved in cryptocurrency theft, suggesting a coordinated effort among cybercriminals [2] - Their trading patterns during market volatility resemble those of over-leveraged traders, characterized by poor timing and emotional responses [5][7] - Despite the losses, the funds were likely acquired through hacking, meaning the financial impact may not be as severe as it would be for regular traders [6] Group 2: Market Dynamics - The sell-off began with one wallet offloading 7,816 ETH at $3,728, coinciding with the market's steep decline, followed by additional wallets contributing to the sell-off [3] - The total loss from these trading missteps reached $13.4 million by October 18, indicating the scale of the funds involved [4] - The hackers' actions reflect the current state of the crypto landscape, where even sophisticated actors can make significant errors under pressure [7]
X @Bitcoin Archive
Bitcoin Archive· 2025-10-18 15:41
Bitcoin holding strong at $107,000 to start the weekend 💪 https://t.co/QneQBnzoHb ...
X @何币
何币· 2025-10-18 12:35
分享下二级,并不是叫大家来接盘而是自己真的看好而已喊你们来接盘没有任何意义就好像我喊你来接盘BTC , ETH ,BNB有意义吗?接的动吗?这么多年了,我几乎很少分享二级的信息第一、自己二级真的菜第二、真的怕有人接盘了亏钱何币 (@hebi555):昨天晚上1.1二级加仓了 $aster ,无限看好从项目开始到现在一直都有参与推特也喊了很多很多次从S0、S1、S2、S3、一直都在参与后面还是会一直继续挖矿尽量用最低的成本获得更多的代币https://t.co/AMHLb69i4p借用群友一句话:币安是腾讯的话,Aster就是微信相信币安,相信CZ ...
X @Cointelegraph
Cointelegraph· 2025-10-18 09:00
🔥 INSIGHT: SEC Chair says the US is a decade behind on crypto and making up for it is job one. https://t.co/vxY2b6sYeJ ...
X @Cointelegraph
Cointelegraph· 2025-10-18 07:00
⚡ ARMSTRONG: "In 10 years, many more people will use crypto, but they may not know they're using crypto." https://t.co/dY10EAb8VB ...
X @Santiment
Santiment· 2025-10-18 06:45
RT Santiment (@santimentfeed)📉 With the past week of crypto's bloodbath, the MVRV (Mean Value to Realized Value) of top caps has jumped into negative range. Average returns of wallets active in the past 30 days implies that a recovery for XRP (especially) is likely:👍 Bitcoin $BTC: Average trader returns of -5.8%🙂 Ethereum $ETH: Average trader returns of -8.4%😍 XRP Ledger $XRP: Average trader returns of -15.3%🔗 The further below 0% these MVRV's go, the more justification there is to buy the dip. Monitor the ...
X @The Block
The Block· 2025-10-17 20:28
Newsmax stock ticks higher amid plans to establish $5 million crypto treasury with Trump token, bitcoin https://t.co/AfRJ1tQb3K ...
X @Santiment
Santiment· 2025-10-17 19:20
RT Santiment (@santimentfeed)📉 With the past week of crypto's bloodbath, the MVRV (Mean Value to Realized Value) of top caps has jumped into negative range. Average returns of wallets active in the past 30 days implies that a recovery for XRP (especially) is likely:👍 Bitcoin $BTC: Average trader returns of -5.8%🙂 Ethereum $ETH: Average trader returns of -8.4%😍 XRP Ledger $XRP: Average trader returns of -15.3%🔗 The further below 0% these MVRV's go, the more justification there is to buy the dip. Monitor the ...