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Audi188
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Audi188

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The truth behind DEXE’s 88% crash: your on-chain monitoring was useless from the startI saw a post that talks about what happened with $DEXE . A trader lost nearly $1.7 million on this. The post is written pretty thoroughly, so I summarized the key information. Within a day, it fell from 46 to 5 On July 21, $DEXE crashed straight from around $46 to more than $5. The single-day drop was 88%. Trading volume of over $500 million poured in within a few hours, and the order book was basically wiped out. Whether it was high-position holders, people who added along the way, or those trying to bottom-fish, basically no one got out. The OP said he started building his position at the beginning of July and bought slowly all the way up. Several trades combined lost nearly $1.7 million. One of them was a full-position 3x long: entry price 11.84, the mark price fell to 2.89, and the loss on that single trade was $650,000, with a return on investment of -226%. There were also two spot trades, with cost bases of 21 and 36.69; their unrealized losses were $600,000 and $430,000 respectively.

The truth behind DEXE’s 88% crash: your on-chain monitoring was useless from the start

I saw a post that talks about what happened with $DEXE .
A trader lost nearly $1.7 million on this. The post is written pretty thoroughly, so I summarized the key information.
Within a day, it fell from 46 to 5
On July 21, $DEXE crashed straight from around $46 to more than $5. The single-day drop was 88%. Trading volume of over $500 million poured in within a few hours, and the order book was basically wiped out. Whether it was high-position holders, people who added along the way, or those trying to bottom-fish, basically no one got out.
The OP said he started building his position at the beginning of July and bought slowly all the way up. Several trades combined lost nearly $1.7 million. One of them was a full-position 3x long: entry price 11.84, the mark price fell to 2.89, and the loss on that single trade was $650,000, with a return on investment of -226%. There were also two spot trades, with cost bases of 21 and 36.69; their unrealized losses were $600,000 and $430,000 respectively.
Coldcard incident is still expanding. A few days ago it was reported that more than 1,000 coins of $BTC were lost; today it has already surged to nearly $114 million. The fourth round of sweep is underway, involving more than 5,200 addresses. The attack mechanism has been figured out: a March 2021 firmware used software-based random numbers when generating the seed instead of using a hardware random source. In other words, the randomness wasn’t random enough, and the private keys can be calculated. Coinkite has already issued an emergency firmware update, but this round of attacks is aimed at dormant addresses that were deposited between 2021 and 2026. Many people probably don’t realize their wallets have been exposed. If you’re using a Coldcard, check your device’s generation time right away. If it’s a version from around March 2021 or earlier, move your coins to a new wallet immediately—don’t wait. #Coldcard #冷钱包
Coldcard incident is still expanding.
A few days ago it was reported that more than 1,000 coins of $BTC were lost; today it has already surged to nearly $114 million. The fourth round of sweep is underway, involving more than 5,200 addresses.
The attack mechanism has been figured out: a March 2021 firmware used software-based random numbers when generating the seed instead of using a hardware random source. In other words, the randomness wasn’t random enough, and the private keys can be calculated.
Coinkite has already issued an emergency firmware update, but this round of attacks is aimed at dormant addresses that were deposited between 2021 and 2026. Many people probably don’t realize their wallets have been exposed.
If you’re using a Coldcard, check your device’s generation time right away. If it’s a version from around March 2021 or earlier, move your coins to a new wallet immediately—don’t wait. #Coldcard #冷钱包
Coldcard had an incident! $BTC {spot}(BTCUSDT) That so-called "most secure" Bitcoin hardware wallet—today it was taken down. 500 to 1,200 wallets, 25 to 40 minutes, and over 1,000 BTC are gone. What’s the most unbelievable part? Nobody has touched these devices—no phishing, no malware, no physical contact. The air-gap isolation is basically useless. The reason has been found: there was a vulnerability in the firmware from March 2021. A bunch of coins sat there from 2021 all the way to 2026. They thought they were sleeping safely in cold storage—turns out someone remotely pulled the plug. This isn’t hacking; it’s grave-robbing. Hardware wallet faith—shattered all over the place today.
Coldcard had an incident! $BTC
That so-called "most secure" Bitcoin hardware wallet—today it was taken down. 500 to 1,200 wallets, 25 to 40 minutes, and over 1,000 BTC are gone.

What’s the most unbelievable part? Nobody has touched these devices—no phishing, no malware, no physical contact. The air-gap isolation is basically useless.

The reason has been found: there was a vulnerability in the firmware from March 2021.
A bunch of coins sat there from 2021 all the way to 2026. They thought they were sleeping safely in cold storage—turns out someone remotely pulled the plug. This isn’t hacking; it’s grave-robbing.

Hardware wallet faith—shattered all over the place today.
Kept seeing that “business rafting” in Guiding, Guizhou—I'm speechless. 🙄 In 1988 they call it a “temporary girlfriend”; hand-holding, hugging, kissing are all clearly priced, and customer service even hints that you should “talk more privately.” Isn’t this just packaging that kind of thing as an outdoor activity? Now the cultural and tourism bureau and the police have gotten involved. Good—don’t let this kind of dirty stuff ruin the beautiful mountains and waters.
Kept seeing that “business rafting” in Guiding, Guizhou—I'm speechless. 🙄 In 1988 they call it a “temporary girlfriend”; hand-holding, hugging, kissing are all clearly priced, and customer service even hints that you should “talk more privately.” Isn’t this just packaging that kind of thing as an outdoor activity?
Now the cultural and tourism bureau and the police have gotten involved. Good—don’t let this kind of dirty stuff ruin the beautiful mountains and waters.
$MMT Heaven and Earth needles, oh!
$MMT Heaven and Earth needles, oh!
$TAO 200 and feel free to enter below; it will explode next week
$TAO 200 and feel free to enter below; it will explode next week
Holy crap, did SanDisk take a Viagra? $SNDK
Holy crap, did SanDisk take a Viagra? $SNDK
This is the rhythm to break 1,000—right? $SNDK
This is the rhythm to break 1,000—right? $SNDK
Korean female streamer Jadoo livestreams trading futures, with thousands of viewers watching her account get liquidated—$3 million disappears to zero within minutes. That day, the Korean stock market was also plunging, with trading halts triggered; she was just one of those crushed by market moves. Many people only dare to post screenshots of huge wins and the silence of blowups. Paper money isn’t real money—leverage magnifies not only profits. The market won’t care what beliefs you have, and it won’t hold back just because you’re streaming. Traders who last don’t rely on getting rich in a single shot. They survive by admitting mistakes fast enough and keeping their positions light. Reverence isn’t a slogan; it’s the lesson you understand after you’ve lost. #韩股熔断 #爆仓了 #落袋为安
Korean female streamer Jadoo livestreams trading futures, with thousands of viewers watching her account get liquidated—$3 million disappears to zero within minutes. That day, the Korean stock market was also plunging, with trading halts triggered; she was just one of those crushed by market moves.

Many people only dare to post screenshots of huge wins and the silence of blowups. Paper money isn’t real money—leverage magnifies not only profits. The market won’t care what beliefs you have, and it won’t hold back just because you’re streaming.

Traders who last don’t rely on getting rich in a single shot. They survive by admitting mistakes fast enough and keeping their positions light. Reverence isn’t a slogan; it’s the lesson you understand after you’ve lost.

#韩股熔断 #爆仓了 #落袋为安
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