Ethereum Market Turmoil Triggers Hacking Losses as Hackers Panic Sell

A recent crypto market crash has resulted in significant losses for hackers, highlighting a disconnect between technical expertise and trading acumen. Six hacker-linked wallets were found to have lost over $13.4 million during the October 2025 incident. They engaged in panic selling of Ethereum at the market’s low point, followed by repurchase at higher prices, demonstrating that their specialized hacking skills didn’t translate into successful trading decisions amidst volatility.