2025 Crypto Hacks Result in Shocking $2.2 Billion Losses
- Scale of Hacks: In 2025, the ten largest cryptocurrency hacks resulted in approximately $2.2 billion in losses, highlighting the persistent security threats facing the industry and compelling exchanges and DeFi protocols to enhance their security measures.
- Impact of Bybit Incident: The $1.4 billion hack of Bybit on February 21 accounted for 64% of the year's total losses, triggering massive sell pressure across markets and prompting urgent coordination among international law enforcement agencies.
- Vulnerabilities in DeFi: DeFi protocols like Cetus and Balancer faced complex exploitations, losing $223 million and $128 million respectively, underscoring the immense challenges of securing open financial software in a rapidly evolving threat landscape.
- Risks in Centralized Exchanges: Centralized exchanges such as Bitget and Phemex suffered over $357 million in losses in 2025, primarily due to operational security failures rather than cryptographic breaches, driving the industry to accelerate the adoption of more robust custody solutions.
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Technical Analysis for GMX
Technical Sentiment Analysis for GMX (GMX) As of , GMX (GMX) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for GMX stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, GMX is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
GMX (GMX) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 3.298 | 4.284 | 5.288 | 6.274 | 7.278 | 8.264 | 9.268 |
| Fibonacci | 4.284 | 5.044 | 5.514 | 6.274 | 7.034 | 7.504 | 8.264 |
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