Cryptocurrency phishing attack losses fell dramatically by 83% in 2025, totaling $83.85 million compared to $494 million in 2024, according to Scam Sniffer's annual report. The number of victims also decreased by 68% to 106,106. Permit signatures remained the most common attack type, while the EIP-7702 malicious signature emerged post-Pectra system upgrade, with notable incidents in August. The report highlights a correlation between phishing losses and market activity, noting that the third quarter, which saw Ethereum's strongest price surge, also recorded the highest phishing losses at $31 million. Increased market activity tends to elevate user engagement, subsequently raising the proportion of phishing victims.