Six hacker wallets dumped ETH during the Oct. 10 market crash, then rebought at higher prices, amplifying losses.
‘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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The move comes as the long/short ratio is at its lowest point since September 2022.
The outage prevented traders from managing positions, impacting the derivatives market significantly.
However, regulatory tension and market volatility persist, with a potential breakout pushing prices towards $790.
Institutional selloff overwhelms early ETF optimism, leaving XRP range-bound near $2.83 with technical breakdown signals flashing.