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.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitmine Crosses $10B in ETH Holdings and Stakes $200M As the 4% Target Comes Into View
Tom Lee’s Bitmine purchased $140.74 million in ETH over the past week, bringing its total holdings to $10.03 billion. For context, Michael Saylor bought $75 million in Bitcoin over the same period. Lee outspent Saylor on crypto this week, and the gap was not close. Bitmine also staked $200 million w
BlockChainReporter1h ago
Ethereum Holds Between Key MVRV Levels as Market Awaits Breakout
KEY HIGHLIGHTS
Ethereum stalls between MVRV levels, hinting at a major breakout soon
ETH range tightens as bulls and bears battle for market direction
Key MVRV zone puts Ethereum at a decisive technical crossroads
Ethereum consolidation signals a potential sharp move ahead
ETH volatility
CryptoBreaking2h ago
Swing whale "pension-usdt.eth" short position unrealized loss narrowed to $3.45 million
Gate News reported that on March 24, according to HyperInsight monitoring, on March 25, the swing whale address "pension-usdt.eth" holds a large short position with floating losses narrowed to $3.45 million. Specific position details: the address is shorting 500 BTC with 3x leverage at an average entry price of $68,884.2; shorting 30,000 ETH with 3x leverage at an average entry price of $2034.47.
GateNews2h ago
US CFTC Chairperson Announces Establishment of "Innovation Task Force" to Define Regulatory Guidelines for Crypto Assets, AI, and Prediction Markets
U.S. CFTC Chair Michael S. Selig announced the establishment of an "Innovation Task Force" that will work with the Innovation Advisory Committee to develop regulatory frameworks for crypto assets, AI automated systems, and prediction markets to promote fintech innovation and ensure U.S. market participants are not excluded. The task force will coordinate with the SEC's crypto task force to address overlapping regulatory issues.
動區BlockTempo3h ago
CESR Benchmark and Insurance-Backed Staking Products Promote the Institutionalization of ETH Staking
Some traditional financial institutions have taken a cautious stance toward staking due to existing risks. Jordan Knecht mentions that a new generation of insurance-backed staking products like CESR are changing this landscape by providing more stable returns, reducing risks, and attracting institutional investment.
GateNews3h ago
