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ETH Hackers Lose $5.5M in Panic Sell-off and Buyback During Market Volatility
Gate News bot message, during recent market volatility, hackers executed a panic sell of 8,638 ETH valued at $32.5M at a price point of $3,764. Following the market recovery, these same actors repurchased 7,816 ETH for $32.5M at an elevated price of $4,159, resulting in a direct loss of $5.5M from this trading sequence.