Bitrue Hacker Makes Strategic Ethereum Buyback, Raising Market Volatility Concerns

A notorious hacker who previously stole $23 million from Bitrue exchange has made a significant move in the Ethereum market. On June 12th, 2025, they repurchased approximately 3,000 ETH at a discounted price, injecting liquidity back into the market and potentially impacting ETH pricing. This purchase is raising concerns about the volatility of the cryptocurrency, with no official response from Bitrue or major regulatory bodies yet.