• bitcoinBitcoin (BTC) $ 102,236.00
  • ethereumEthereum (ETH) $ 3,435.41
  • tetherTether (USDT) $ 0.999874
  • xrpXRP (XRP) $ 2.40
  • bnbBNB (BNB) $ 955.44
  • usd-coinUSDC (USDC) $ 0.999802
  • staked-etherLido Staked Ether (STETH) $ 3,436.60
  • tronTRON (TRX) $ 0.295039
  • dogecoinDogecoin (DOGE) $ 0.171343
  • cardanoCardano (ADA) $ 0.550923

'Great Hackers, Terrible Traders': How Exploiters Panic Sold and Lost $13M During Market Chaos

Six hacker wallets dumped ETH during the Oct. 10 market crash, then rebought at higher prices, amplifying losses.

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💡 DMK Insight

In a twist that feels like a plot from a financial thriller, six hacker wallets took advantage of the Oct. 10 market crash by dumping ETH, only to swoop back in at higher prices. This not only highlights the volatility of the crypto market but also raises questions about the ethical boundaries of trading strategies. For everyday investors, it’s a stark reminder that while the market can be a playground, it can also be a battleground where the stakes are high and the rules are often bent. As these hackers play their game, the rest of us must navigate the aftermath and learn from their audacious moves.

📮 Takeaway

Stay vigilant; market manipulation can create opportunities, but also amplify risks.

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