🧠💸 When a hacker decided to play trader…
A wallet, suspiciously linked to hackers, managed to lose almost $7 million while trading Ethereum. That is — stole, but didn't withdraw.
Initially, the wallet 0x17E0 received 12,282 ETH (almost $24M) from THORChain and Chainflip. Apparently, they wanted to lock in profits… and sold all this good for $1932 per ether.
But trading is not for everyone. On June 30, the same hand clicked "Buy" and acquired 4958 ETH at $2495. Guess how it ended? Minus $6.9 million. Even ChatGPT wouldn't have enough irony to describe this without tears.
👀 Lookonchain dryly stated:
> "Hackers are bad traders".
🤡 Indeed. The crypto industry lost $112 million in June due to attacks, and in the first half of 2025 — already $2.1 billion. But when the hackers themselves assist in liquidating their profits — it's almost fair.
📉 Stole, sold at a loss, bought back at a higher price. Brilliant.
