October 11: Hackers Panic-Sell 5,480 ETH (~$20.47M), Suffer $3.7M Loss After Buying at $3,735

On October 11, COINOTAG News reported that LookIntoChain‘s on-chain monitoring identified two addresses described as hacker-controlled that liquidated 5,480 ETH (about $20.47 million). The holdings were acquired at an average cost basis near $3,735 per ETH, and the disposals produced a reported realized loss of roughly $3.7 million. These figures derive from observable chain data and provide market participants with quantifiable insight into recent Ethereum outflows and wallet behavior without extending beyond the verified transaction history.

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