Hackers Lose $13 Million in Panic ETH Trades

A recent security breach has exposed the vulnerability of panic selling in cryptocurrency markets. Hackers lost an estimated $13 million in Ethereum (ETH) trades on October 10, 2025, when volatile market conditions spurred hasty sales. Data from Lookonchain reveals that six hacker wallets experienced substantial losses after engaging in panicked selling and subsequent repurchasing of ETH. This incident underscores the importance of risk management strategies under volatile market conditions.