Crypto Hackers Suffer $5.5 Million Loss After Market Crash

Blockchain analytics firm Lookonchain uncovered a series of transactions from hacker wallets, revealing a significant financial loss in the wake of market turmoil. These hackers sold off over 8,638 ETH at an average price of $3,764 per coin, accumulating about $32.5 million in profit. However, they later purchased another 7,816 ETH at a higher price point ($4,159), resulting in losses exceeding $5.5 million as the market subsequently dropped sharply. 💰 📉 💸