According to BlockBeats, on October 11, according to market data, after the "35 million US dollars fwDETH theft" occurred earlier today, the price of the ETH wrapped token fwDETH on the Blast chain fell by more than 95% to around US$85. It has now continued to rise to US$700, and the 24-hour decline is still 63.77%, which is in a serious de-anchored state.
BlockBeats Note: DETH is obtained by depositing ETH (1:1 exchange rate) on the Duo Exchange of the Blast ecosystem. Since there is no redemption operation, the exploiter sold dETH on DEX, causing the sharp drop in price this time.
BlockBeats previously reported that a whale address was phished earlier today, losing 15,079 fwDETH, worth about $35 million. On-chain data analysis agency Lookonchain said the address may be related to Continue Capital.
