According to on-chain analyst Ember Monitoring, the address marked by Arkham suspected to belong to Continue Capital was phished 7 hours ago and lost 15,079 fwDETH (35.98 million USD). The phishing practitioner then exchanged DETH back to ETH directly through Swap in order to quickly convert the stolen assets into safe assets.
However, due to the lack of depth in the DETH pool, 14,079 DETHs were only exchanged for 2,288 ETH. The pool was emptied by him, and DETH/WETH was highly de-anchored. The value of the assets he stole directly fell by 85%: from $35.98 million to $5.50 million.
The perpetrators of the nearly $36 million fwDETH phishing incident exchanged 14,079 DETH for 2,288 ETH, causing DETH/WETH to be severely de-anchored
2024-10-11 05:38:15
According to the chain Analyst Division Ember Monitor Arkham Marked Suspicious Seemingly continueddesk3cryptocurrencydesktopCrypto News
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