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Hackers Sell $72M of Ethereum — Short-Term Sell Pressure Ahead

I see that attackers sold roughly $72M of ETH during the recent rally, taking advantage of higher prices to realize gains.

This on-chain outflow from compromised addresses increases short-term supply into the market and raises the risk of renewed volatility as proceeds move through exchanges and mixers.

I remain cautious: the flows are a reminder that not all selling pressure is organic demand — monitor on-chain activity and exchange inflows before adding exposure.

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Analysis

Hackers offloading $72M of ETH during a price spike likely adds short-term supply and heightens volatility, since proceeds may enter exchanges or mixers and trigger further selling; this is a negative...

Recommendation

Avoid buying into the spike; wait for consolidation or lower-risk on-chain signs (declining exchange inflows, reduced mixer activity) before initiating or adding exposure, and use position sizing to l...

Disclaimer

The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.

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