Ethereum: Anonymous Hacker Panic-Sells 8,638 ETH During Market Crash, Incurs $5.5M Loss Before Rebuying 7,816 ETH at $4,159

COINOTAG News, citing lookonchain monitoring, reports that during a recent market crash an anonymous address liquidated 8,638 ETH at approximately $3,764 per token (notional ≈ $32.5M) and subsequently repurchased 7,816 ETH at roughly $4,159 per token. The monitor recorded an estimated net impact of about $5.5M tied to the intra-period price movement. These verified on-chain transfers offer concrete data points for market participants evaluating Ethereum liquidity, execution costs and short-term volatility metrics.