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An anonymous hacker panic-sold 8,637 ETH during the 1011 flash crash, resulting in a loss of $5.37 million. - CoinFeed
Time 02:36

An anonymous hacker panic-sold 8,637 ETH during the 1011 flash crash, resulting in a loss of $5.37 million.

October 13, 2025
CoinFeed News

An anonymous hacker bought 8,637 ETH (US$38.01 million) on October 2nd at an average price of US$4,400. Ten days after holding onto the tokens, they encountered the October 11th flash crash. In a panic, they sold all their tokens at US$3,778, ultimately losing US$5.37 million. This wiped out all of August's revenue.

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