ETH Hackers Lose $5.5M in Panic Sell-off and Buyback During Market Volatility

GateNews

2025-10-13 01:46:59

ETH0,04%

Gate News bot message, during recent market volatility, hackers executed a panic sell of 8,638 ETH valued at $32.5M at a price point of $3,764. Following the market recovery, these same actors repurchased 7,816 ETH for $32.5M at an elevated price of $4,159, resulting in a direct loss of $5.5M from this trading sequence.

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Analyst: The key resistance levels for ETH are at $2029 and $2079.

ethereum news Market Analysis

Gate News reports that on March 29, analyst Ali Charts stated that Ethereum's current key resistance levels are at $2029 and $2079; the support levels below are at $1881, $1584, and $1238.

GateNews22m ago

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