余烬Ember
3.3k Posts
余烬Ember
Square Verified+分享链上数据 On chain data sharing。Twitter：@EmberCN
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Bosses, the Binance Web3 wallet brushing Alpha hasn't linked the invitation code yet, you can use my invitation code to link it. Existing old accounts can also fill it in. It can reduce the trading fee by 10%, and over time, it can save a lot if you brush it every day.
How to link: In the Binance App wallet homepage, click "Invite" → click to enter the invitation code → copy the invitation code "EMBER" and paste it, then click confirm to be OK.
How to link: In the Binance App wallet homepage, click "Invite" → click to enter the invitation code → copy the invitation code "EMBER" and paste it, then click confirm to be OK.
Partly True
A MakerDAO founding team/investor address that sold MKR it had held for more than 10 years about 20 minutes ago, converting it into USDC.
1. In April 2016, it received 1,050 MKR.
2. After that, the 1,050 MKR sat in the wallet for 10 years without any movement (except for a small token migration when the MKR token was upgraded in 2018).
3. Finally, this 1,050 MKR was sold today, 10 years later, and converted into 1.316 million USDC, which was transferred to Kraken.
MKR collection address: 0x74B7E0228baEd65957aebB4d916D333AAE164F0E
Sale address: 0xE26006eD53Bb7945958fCa003A412E98e1b873dc
1. In April 2016, it received 1,050 MKR.
2. After that, the 1,050 MKR sat in the wallet for 10 years without any movement (except for a small token migration when the MKR token was upgraded in 2018).
3. Finally, this 1,050 MKR was sold today, 10 years later, and converted into 1.316 million USDC, which was transferred to Kraken.
MKR collection address: 0x74B7E0228baEd65957aebB4d916D333AAE164F0E
Sale address: 0xE26006eD53Bb7945958fCa003A412E98e1b873dc
Partly True
BTC Treasury Company KULR Technology transferred 145.8 BTC (US$9.45 million) to Coinbase Prime 5 hours ago.
◎ After multiple partial sell-offs over the past 3 months, the 1,021 BTC (US$101 million) they had reserved now only leaves 100 BTC (US$6.47 million).
◎ Their average BTC holding cost was US$98,923, and their sell-off average price was US$74,368. They lost US$22.62 million.
They should have abandoned their Bitcoin treasury strategy: selling BTC, taking down the Bitcoin treasury page on their official website, and their official X account hasn’t mentioned Bitcoin in a long time.
◎ After multiple partial sell-offs over the past 3 months, the 1,021 BTC (US$101 million) they had reserved now only leaves 100 BTC (US$6.47 million).
◎ Their average BTC holding cost was US$98,923, and their sell-off average price was US$74,368. They lost US$22.62 million.
They should have abandoned their Bitcoin treasury strategy: selling BTC, taking down the Bitcoin treasury page on their official website, and their official X account hasn’t mentioned Bitcoin in a long time.
余烬Ember
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Another BTC treasury company "cutting losses": KULR Technology transferred 300 BTC ($24.36 million) to Coinbase Prime 2 hours ago.
They announced in December 2024 that they would allocate 90% of surplus cash to BTC, accumulating a reserve of 1,021 BTC ($101 million) by July 2025, with an average price of $98,923.
At the current price, their BTC has lost $18.25 million.
This seems to be just another "game" of telling a financial story using reserve BTC: KULR's stock price skyrocketed nearly 10x to $43.92 after announcing the BTC reserve in December 2024, only to plummet since then. As of now, it’s down to $3.19, losing 92.7%.
They announced in December 2024 that they would allocate 90% of surplus cash to BTC, accumulating a reserve of 1,021 BTC ($101 million) by July 2025, with an average price of $98,923.
At the current price, their BTC has lost $18.25 million.
This seems to be just another "game" of telling a financial story using reserve BTC: KULR's stock price skyrocketed nearly 10x to $43.92 after announcing the BTC reserve in December 2024, only to plummet since then. As of now, it’s down to $3.19, losing 92.7%.
The $285 million stolen assets from Drift Protocol have begun being moved by hackers via Tornado.
1. On April 2, multiple assets worth up to $285 million were stolen from the Perp DEX Drift Protocol on Solana.
2. The hackers bridged the assets to the Ethereum network, then converted them into 129,066 ETH at an average price of $2,154 ($278 million).
3. The hackers started moving ETH into Tornado (the “tornado”) 20 minutes ago today; they have already transferred 5,800 ETH ($11.14 million).
1. On April 2, multiple assets worth up to $285 million were stolen from the Perp DEX Drift Protocol on Solana.
2. The hackers bridged the assets to the Ethereum network, then converted them into 129,066 ETH at an average price of $2,154 ($278 million).
3. The hackers started moving ETH into Tornado (the “tornado”) 20 minutes ago today; they have already transferred 5,800 ETH ($11.14 million).
余烬Ember
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Drift's stolen assets worth $285 million have been exchanged for 129,066 ETH ($278 million).
1. The Perp DEX Drift Protocol on Solana was hacked in the early morning, with various assets stolen, valued at up to $285 million.
2. The hacker, over the past few hours, sold these assets and cross-chained them to the Ethereum network, then bought ETH on the Ethereum network.
3. Now, the $285 million worth of assets stolen by the hacker on Solana has been converted to 129,066 ETH ($278 million) on the Ethereum network.
Stolen asset wallet: HkGz4KmoZ7Zmk7HN6ndJ31UJ1qZ2qgwQxgVqQwovpZES
The exchanged ETH is currently stored in the following 4 wallets:
0xAa843eD65C1f061F111B5289169731351c5e57C1
0x0FE3b6908318B1F630daa5B31B49a15fC5F6B674
0xbDdAE987FEe930910fCC5aa403D5688fB440561B
0xD3FEEd5DA83D8e8c449d6CB96ff1eb06ED1cF6C7
1. The Perp DEX Drift Protocol on Solana was hacked in the early morning, with various assets stolen, valued at up to $285 million.
2. The hacker, over the past few hours, sold these assets and cross-chained them to the Ethereum network, then bought ETH on the Ethereum network.
3. Now, the $285 million worth of assets stolen by the hacker on Solana has been converted to 129,066 ETH ($278 million) on the Ethereum network.
Stolen asset wallet: HkGz4KmoZ7Zmk7HN6ndJ31UJ1qZ2qgwQxgVqQwovpZES
The exchanged ETH is currently stored in the following 4 wallets:
0xAa843eD65C1f061F111B5289169731351c5e57C1
0x0FE3b6908318B1F630daa5B31B49a15fC5F6B674
0xbDdAE987FEe930910fCC5aa403D5688fB440561B
0xD3FEEd5DA83D8e8c449d6CB96ff1eb06ED1cF6C7
Verified
Whale sold Google after the company’s earnings report, then shifted to storage.
This Google earnings report gamble paid off for Whale: CapEx (capital expenditures) was raised again by an additional $15 billion, and Google Cloud revenue grew 82%.
The problem is that while the data is good news for AI infrastructure, it’s not good news for the company itself: Google fell 3% after hours, while storage-related SK Hynix and Micron rose 3%.
So after the earnings release, Whale cut a $740,000 loss by closing his Google long position worth $13.5 million. Then he immediately went long storage again: at a price of $977.6, he bought Micron worth $24.1 million.
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
This Google earnings report gamble paid off for Whale: CapEx (capital expenditures) was raised again by an additional $15 billion, and Google Cloud revenue grew 82%.
The problem is that while the data is good news for AI infrastructure, it’s not good news for the company itself: Google fell 3% after hours, while storage-related SK Hynix and Micron rose 3%.
So after the earnings release, Whale cut a $740,000 loss by closing his Google long position worth $13.5 million. Then he immediately went long storage again: at a price of $977.6, he bought Micron worth $24.1 million.
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
余烬Ember
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Yesterday, a whale who went long on Micron ($MU) and profited $171 million, is back to bet on Google’s earnings report in 5 hours:
In the past half hour, he went long on $10.66 million worth of GOOGL at a buy price of $349.7.
After-hours at 4:00 AM, Google releases its earnings report—now AI-stock holders should be more nervous than Google-stock holders about the data in their earnings report 😂
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
In the past half hour, he went long on $10.66 million worth of GOOGL at a buy price of $349.7.
After-hours at 4:00 AM, Google releases its earnings report—now AI-stock holders should be more nervous than Google-stock holders about the data in their earnings report 😂
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
Half the year has only just passed, and multiple theft incidents have already resulted in losses exceeding $800 million. Hacker bull market.
余烬Ember
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Hackers are stepping up again this year. It’s bad enough that the market is terrible, but they’re also repeatedly getting hacked, and the amounts are huge.
The Arbitrum bridge for Perp DEX AFX Trade was apparently hacked about 3 hours ago, with 24.15 million USDC stolen.
USDC was anomalously drained from the bridge, then bridged across to Ethereum, and swapped at a price of $1,937 for 12,467.4 ETH.
The abnormal ETH outflow was then swapped for ETH: 0x2f2974fAbc54dbA33442261211c06BD20E0FEefc
Currently, the ETH is held at: 0x627654B2782bfC57580ecD11d40869b350B6ebAC
The Arbitrum bridge for Perp DEX AFX Trade was apparently hacked about 3 hours ago, with 24.15 million USDC stolen.
USDC was anomalously drained from the bridge, then bridged across to Ethereum, and swapped at a price of $1,937 for 12,467.4 ETH.
The abnormal ETH outflow was then swapped for ETH: 0x2f2974fAbc54dbA33442261211c06BD20E0FEefc
Currently, the ETH is held at: 0x627654B2782bfC57580ecD11d40869b350B6ebAC
Hackers are stepping up again this year. It’s bad enough that the market is terrible, but they’re also repeatedly getting hacked, and the amounts are huge.
The Arbitrum bridge for Perp DEX AFX Trade was apparently hacked about 3 hours ago, with 24.15 million USDC stolen.
USDC was anomalously drained from the bridge, then bridged across to Ethereum, and swapped at a price of $1,937 for 12,467.4 ETH.
The abnormal ETH outflow was then swapped for ETH: 0x2f2974fAbc54dbA33442261211c06BD20E0FEefc
Currently, the ETH is held at: 0x627654B2782bfC57580ecD11d40869b350B6ebAC
The Arbitrum bridge for Perp DEX AFX Trade was apparently hacked about 3 hours ago, with 24.15 million USDC stolen.
USDC was anomalously drained from the bridge, then bridged across to Ethereum, and swapped at a price of $1,937 for 12,467.4 ETH.
The abnormal ETH outflow was then swapped for ETH: 0x2f2974fAbc54dbA33442261211c06BD20E0FEefc
Currently, the ETH is held at: 0x627654B2782bfC57580ecD11d40869b350B6ebAC
Partly True
Yesterday, a whale who went long on Micron ($MU) and profited $171 million, is back to bet on Google’s earnings report in 5 hours:
In the past half hour, he went long on $10.66 million worth of GOOGL at a buy price of $349.7.
After-hours at 4:00 AM, Google releases its earnings report—now AI-stock holders should be more nervous than Google-stock holders about the data in their earnings report 😂
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
In the past half hour, he went long on $10.66 million worth of GOOGL at a buy price of $349.7.
After-hours at 4:00 AM, Google releases its earnings report—now AI-stock holders should be more nervous than Google-stock holders about the data in their earnings report 😂
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
余烬Ember
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The next 10 days are when the U.S. “Magnificent Seven” are set to report earnings. Whether their capital expenditures (CapEx) keep ramping up—and whether their AI revenue growth is strong enough—may determine whether AI infrastructure-related activity cools off with a pullback or keeps soaring.
Big players are also placing bets: over the past hour or so, one whale transferred 14.64 million USDC into Hyperliquid, then went long on Micron (MU) worth $28.5 million at a long entry price of $918.
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
Big players are also placing bets: over the past hour or so, one whale transferred 14.64 million USDC into Hyperliquid, then went long on Micron (MU) worth $28.5 million at a long entry price of $918.
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
Partly True
Looks like Multicoin Capital is selling 607,000 HYPE ($37 million):
They transferred 395,000 HYPE to Coinbase 4 hours ago, as well as applying for redemption on Hyperliquid for the 211,000 HYPE they had staked.
◎ These HYPE were bought via Galaxy Digital OTC about 5 months ago (in February), when the price was around $30.
◎ Of these, 210,000 HYPE were deposited into staking, while the remaining 395,000 HYPE were left untouched in the wallet.
◎ Today, they chose to sell: both the portion transferred to Coinbase from the wallet and the staked portion that has requested redemption.
◎ At the current HYPE price of $61, they would have gained a doubled return ($18.8 million).
Address: 0xaB319403E72C5e97c65ef70031bab8827efc5297
They transferred 395,000 HYPE to Coinbase 4 hours ago, as well as applying for redemption on Hyperliquid for the 211,000 HYPE they had staked.
◎ These HYPE were bought via Galaxy Digital OTC about 5 months ago (in February), when the price was around $30.
◎ Of these, 210,000 HYPE were deposited into staking, while the remaining 395,000 HYPE were left untouched in the wallet.
◎ Today, they chose to sell: both the portion transferred to Coinbase from the wallet and the staked portion that has requested redemption.
◎ At the current HYPE price of $61, they would have gained a doubled return ($18.8 million).
Address: 0xaB319403E72C5e97c65ef70031bab8827efc5297
The value of the Micron long position worth $35 million that the whale opened yesterday: after Micron surged, he closed the position 6 hours ago. He made a profit of $1.71 million.
His entry price for the long position yesterday was $918, and his closing price early this morning was $964.
His entry price for the long position yesterday was $918, and his closing price early this morning was $964.
余烬Ember
·
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The next 10 days are when the U.S. “Magnificent Seven” are set to report earnings. Whether their capital expenditures (CapEx) keep ramping up—and whether their AI revenue growth is strong enough—may determine whether AI infrastructure-related activity cools off with a pullback or keeps soaring.
Big players are also placing bets: over the past hour or so, one whale transferred 14.64 million USDC into Hyperliquid, then went long on Micron (MU) worth $28.5 million at a long entry price of $918.
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
Big players are also placing bets: over the past hour or so, one whale transferred 14.64 million USDC into Hyperliquid, then went long on Micron (MU) worth $28.5 million at a long entry price of $918.
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
Partly True
The next 10 days are when the U.S. “Magnificent Seven” are set to report earnings. Whether their capital expenditures (CapEx) keep ramping up—and whether their AI revenue growth is strong enough—may determine whether AI infrastructure-related activity cools off with a pullback or keeps soaring.
Big players are also placing bets: over the past hour or so, one whale transferred 14.64 million USDC into Hyperliquid, then went long on Micron (MU) worth $28.5 million at a long entry price of $918.
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
Big players are also placing bets: over the past hour or so, one whale transferred 14.64 million USDC into Hyperliquid, then went long on Micron (MU) worth $28.5 million at a long entry price of $918.
Address: 0xC8b527864ef2AD6DC49de7e99943a3a76aD48891
As BTC rebounds to $66,000, [13 years ago accumulated 5,000 BTC ancient whale] has cleared its position today: it also transferred the remaining 1,000 BTC ($65.56 million) from the address to Binance.
◎ He accumulated 5,000 BTC at a price of $332 back 13 years ago (November 2013), then started selling in November 2024.
◎ He completed the full exit over about one and a half years, selling at an average price of roughly $86,118 and realizing a profit of $429 million (259x).
Address: bc1qlfmc6nv27d62s6zygjnjt6wm28klfh2gltg6ym
◎ He accumulated 5,000 BTC at a price of $332 back 13 years ago (November 2013), then started selling in November 2024.
◎ He completed the full exit over about one and a half years, selling at an average price of roughly $86,118 and realizing a profit of $429 million (259x).
Address: bc1qlfmc6nv27d62s6zygjnjt6wm28klfh2gltg6ym
余烬Ember
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10 minutes ago, [the ancient whale that hoarded 5,000 BTC 13 years ago] transferred 500 BTC ($33.28 million) to Binance to sell.
Now, the BTC he hoarded at $332 in 2013 has only 1,000 BTC ($66.62 million) left.
◎ He hoarded 5,000 BTC at a price of $332 in November 2013, and then started selling it from November 2024.
◎ So far, 4,000 BTC ($365 million) have been transferred to Binance for sale, with an average price of about $91,258, realizing a profit of $363 million.
Wallet: bc1qlfmc6nv27d62s6zygjnjt6wm28klfh2gltg6ym
Now, the BTC he hoarded at $332 in 2013 has only 1,000 BTC ($66.62 million) left.
◎ He hoarded 5,000 BTC at a price of $332 in November 2013, and then started selling it from November 2024.
◎ So far, 4,000 BTC ($365 million) have been transferred to Binance for sale, with an average price of about $91,258, realizing a profit of $363 million.
Wallet: bc1qlfmc6nv27d62s6zygjnjt6wm28klfh2gltg6ym
Verified
◎5 days ago, BitMEX co-founder Arthur Hayes used $2.5 million USDC to chase the market and bought 1,293 ETH at a price of $1,933.
◎Today, 2 hours ago, he continued to purchase ETH worth $2.5 million USDC via FalconX and Cumberland OTC at a price of $1,876.
A total of $5 million USDC was used to buy 2,625.7 ETH, with an average cost of $1,904.
Address: 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21
◎Today, 2 hours ago, he continued to purchase ETH worth $2.5 million USDC via FalconX and Cumberland OTC at a price of $1,876.
A total of $5 million USDC was used to buy 2,625.7 ETH, with an average cost of $1,904.
Address: 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21
余烬Ember
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BitMEX co-founder Arthur Hayes, after ETH bounced for multiple consecutive days, chased the rally today by buying 1,293 ETH for 2.5 million USDC via FalconX and Galaxy Digital at a price of $1,933.
Address: 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21
Also, last time—about half a month ago—he shilled SYN. SYN doubled within a day or so after he promoted it, topped out, and then kept falling until now.
Another successful "trade-calling for an exit"?
Address: 0x6cd66DbdFe289ab83d7311B668ADA83A12447e21
Also, last time—about half a month ago—he shilled SYN. SYN doubled within a day or so after he promoted it, topped out, and then kept falling until now.
Another successful "trade-calling for an exit"?
Whale just bought $20 million worth of ETH:
He transferred $20 million USDC into Binance, then purchased 10,501 ETH at a price of $1,904 and sent it back to an on-chain wallet.
Address: 0x4cee611502f378300981807d506629DA35cee4a7
He transferred $20 million USDC into Binance, then purchased 10,501 ETH at a price of $1,904 and sent it back to an on-chain wallet.
Address: 0x4cee611502f378300981807d506629DA35cee4a7
Partly True
Last week’s treasury operations update:
◎ MicroStrategy also didn’t sell BTC last week, and continued to sell stocks to increase its USD reserves. They now have $3.225 billion in USD reserves, enough to cover 22 months of interest expenses. Shouldn’t they be fine until the next market cycle? (Besides, they still have an unused $1 billion coin-selling allocation.)
◎ Bitmine repurchased about $86 million worth of shares last week, so it only bought 7,430 ETH last week (totaling $13.68 million). The amount was small, but it still managed to keep buying ETH every week since the treasury started.
--------------------------------------------------------------------------
◎ Bitcoin treasury company Strategy (MSTR) currently holds a total of 843,775 BTC ($54.634 billion), with an average cost of $75,476. It has an unrealized loss of $9.05 billion (-14.2%).
◎ Ethereum treasury company Bitmine (BMNR) purchased 7,430 ETH last week at about $1,842 each (totaling $13.68 million).
They now hold a total of 5,777,468 ETH ($10.861 billion), with an average cost of $3,376. It has an unrealized loss of $8.643 billion (-44.3%).
◎ MicroStrategy also didn’t sell BTC last week, and continued to sell stocks to increase its USD reserves. They now have $3.225 billion in USD reserves, enough to cover 22 months of interest expenses. Shouldn’t they be fine until the next market cycle? (Besides, they still have an unused $1 billion coin-selling allocation.)
◎ Bitmine repurchased about $86 million worth of shares last week, so it only bought 7,430 ETH last week (totaling $13.68 million). The amount was small, but it still managed to keep buying ETH every week since the treasury started.
--------------------------------------------------------------------------
◎ Bitcoin treasury company Strategy (MSTR) currently holds a total of 843,775 BTC ($54.634 billion), with an average cost of $75,476. It has an unrealized loss of $9.05 billion (-14.2%).
◎ Ethereum treasury company Bitmine (BMNR) purchased 7,430 ETH last week at about $1,842 each (totaling $13.68 million).
They now hold a total of 5,777,468 ETH ($10.861 billion), with an average cost of $3,376. It has an unrealized loss of $8.643 billion (-44.3%).
Verified
The person who drained the Bonk treasury—taking 4.426 trillion BONK through a governance proposal—has already finished clearing out:
30 minutes ago, the last 400 billion BONK ($1.17 million) he had was also transferred to Coinbase.
That means all 4.426 trillion BONK he withdrew from the Bonk treasury 13 days ago has now been moved to CEX.
Due to his selling over the past few days, the BONK price dropped by 40%. When he first received these BONK, they were worth $21.2 million; as the price fell while he sold, the final cash-out amount should be around $13.58 million.
Address: FhYPjrH12uLaLXFttCHgEKKFvBPoN6rztMPs2E8LWUNJ
30 minutes ago, the last 400 billion BONK ($1.17 million) he had was also transferred to Coinbase.
That means all 4.426 trillion BONK he withdrew from the Bonk treasury 13 days ago has now been moved to CEX.
Due to his selling over the past few days, the BONK price dropped by 40%. When he first received these BONK, they were worth $21.2 million; as the price fell while he sold, the final cash-out amount should be around $13.58 million.
Address: FhYPjrH12uLaLXFttCHgEKKFvBPoN6rztMPs2E8LWUNJ
余烬Ember
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Hey, this is interesting. One person spent $4.4 million to buy enough BONK tokens to meet the governance approval threshold, then launched a governance attack proposal and voted—in the end, he emptied the BONK treasury worth $21.2 million worth of BONK. 😂
Details👇
1. First, he submitted a governance proposal: On 6/30, he posted a proposal on the governance platform to transfer 4.426 trillion BONK tokens (worth $21.2 million) from the treasury to a wallet he controls: 9bxW...JHvQ.
2. Buy tokens and vote: To pass, the proposal only needs at least 1% of the tokens—8,799.5 billion BONK—to vote in favor. So over the past 2 days, he pulled a total of BONK (8,822.85 billion tokens, worth $4.4 million) from Binance and Bybit onto the chain in amounts that satisfied the minimum vote requirement, then voted “yes” on this proposal, meeting the requirement for it to pass.
Address: CyEE7oHVDaFJ5xZLbXY3h2Z2uk1VwhTkdy72kPUEtypQ
3. Drain the treasury: After the proposal met the passing conditions yesterday afternoon, it was automatically executed. The treasury’s 4.426 trillion BONK (worth $21.2 million) was transferred to the 9bxW...JHvQ wallet he controls.
Address: 9bxWkNf3BtJ6iehq9KbX9uCWMjem4TFiPZ19T2sYJHvQ
4. Transfer to exchanges: After successfully pulling BONK out of the treasury, he sent 40 billion BONK (worth $190k) to the OKX exchange. The other 4.386 trillion BONK (worth $18.64 million) was transferred to the EXaJ...eh42 address.
P.S.:
This person should be pretty easy to trace—the addresses have had fund movements with Binance, OKX, and Bybit exchanges. It’s done out in the open.
The approval-threshold setting for this BONK proposal is way too low: it passed with just 1% of tokens in favor, and there wasn’t any restriction requiring a minimum number of voters. That means a governance attack is extremely easy.
Details👇
1. First, he submitted a governance proposal: On 6/30, he posted a proposal on the governance platform to transfer 4.426 trillion BONK tokens (worth $21.2 million) from the treasury to a wallet he controls: 9bxW...JHvQ.
2. Buy tokens and vote: To pass, the proposal only needs at least 1% of the tokens—8,799.5 billion BONK—to vote in favor. So over the past 2 days, he pulled a total of BONK (8,822.85 billion tokens, worth $4.4 million) from Binance and Bybit onto the chain in amounts that satisfied the minimum vote requirement, then voted “yes” on this proposal, meeting the requirement for it to pass.
Address: CyEE7oHVDaFJ5xZLbXY3h2Z2uk1VwhTkdy72kPUEtypQ
3. Drain the treasury: After the proposal met the passing conditions yesterday afternoon, it was automatically executed. The treasury’s 4.426 trillion BONK (worth $21.2 million) was transferred to the 9bxW...JHvQ wallet he controls.
Address: 9bxWkNf3BtJ6iehq9KbX9uCWMjem4TFiPZ19T2sYJHvQ
4. Transfer to exchanges: After successfully pulling BONK out of the treasury, he sent 40 billion BONK (worth $190k) to the OKX exchange. The other 4.386 trillion BONK (worth $18.64 million) was transferred to the EXaJ...eh42 address.
P.S.:
This person should be pretty easy to trace—the addresses have had fund movements with Binance, OKX, and Bybit exchanges. It’s done out in the open.
The approval-threshold setting for this BONK proposal is way too low: it passed with just 1% of tokens in favor, and there wasn’t any restriction requiring a minimum number of voters. That means a governance attack is extremely easy.
😲 A whale continued adding positions 50 minutes ago, taking his BTC long position to a value of $108 million (1,662.5 BTC).
His average long entry price is $63,958, and he is currently up by $1.38 million. Because the leverage multiplier is quite high, his liquidation price isn’t far off—at $63,142.
Address: 0x66f889094739dbb7d20aa60f645acd88feba75a9
His average long entry price is $63,958, and he is currently up by $1.38 million. Because the leverage multiplier is quite high, his liquidation price isn’t far off—at $63,142.
Address: 0x66f889094739dbb7d20aa60f645acd88feba75a9
Verified
The person who used a governance proposal to drain the Bonk treasury value of $21.2 million worth of BONK transferred another 400 billion BONK (about $1.11 million) to Coinbase today, 5 hours ago.
◎ Through governance proposals, they pulled 4.426 trillion BONK (about $21.2 million) from the Bonk treasury; of that, 2.426 trillion BONK (about $7.88 million) has already been moved to a CEX.
◎ Over the 12 days from when they drained the treasury to now, the BONK price has also fallen by 41% ($0.0000047→$0.0000027).
Address: FhYPjrH12uLaLXFttCHgEKKFvBPoN6rztMPs2E8LWUNJ
◎ Through governance proposals, they pulled 4.426 trillion BONK (about $21.2 million) from the Bonk treasury; of that, 2.426 trillion BONK (about $7.88 million) has already been moved to a CEX.
◎ Over the 12 days from when they drained the treasury to now, the BONK price has also fallen by 41% ($0.0000047→$0.0000027).
Address: FhYPjrH12uLaLXFttCHgEKKFvBPoN6rztMPs2E8LWUNJ
余烬Ember
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Update: This person behind the governance proposal has siphoned away Bonk treasury value of $21.2 million BONK—has just transferred another 400 billion BONK (=$1.19 million) to Coinbase.
Since the transfer out earlier today from around this morning, BONK has continued to fall another 7%.
Since the transfer out earlier today from around this morning, BONK has continued to fall another 7%.
Whale geministar.eth transferred 19,235 ETH (US$35.34 million) to Binance 15 minutes ago.
Address: 0x49C59d74B371C429aF70FafEc10cCCBE97eFF1f2
These ETH were originally withdrawn from Binance by him one month ago, when the ETH price was US$1,766. That means he made money on these ETH (made US$1.4 million).
Address: 0x49C59d74B371C429aF70FafEc10cCCBE97eFF1f2
These ETH were originally withdrawn from Binance by him one month ago, when the ETH price was US$1,766. That means he made money on these ETH (made US$1.4 million).
Verified
Update: This person behind the governance proposal has siphoned away Bonk treasury value of $21.2 million BONK—has just transferred another 400 billion BONK (=$1.19 million) to Coinbase.
Since the transfer out earlier today from around this morning, BONK has continued to fall another 7%.
Since the transfer out earlier today from around this morning, BONK has continued to fall another 7%.
余烬Ember
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The person who siphoned value from the Bonk treasury worth $21.2 million BONK by emptying it through a governance proposal after transferring 1.186 trillion BONK ($4.11 million) to Binance yesterday has today moved 400 billion BONK ($1.28 million) to Coinbase.
◎ The 4.426 trillion BONK ($21.2 million) he extracted from the Bonk treasury via a governance proposal includes 1.626 trillion BONK ($5.58 million) that has already been transferred to CEX.
◎ BONK’s price also fell 36% ($0.0000047→$0.000003) over the 11 days between when he drained the treasury and now.
Address: FhYPjrH12uLaLXFttCHgEKKFvBPoN6rztMPs2E8LWUNJ
◎ The 4.426 trillion BONK ($21.2 million) he extracted from the Bonk treasury via a governance proposal includes 1.626 trillion BONK ($5.58 million) that has already been transferred to CEX.
◎ BONK’s price also fell 36% ($0.0000047→$0.000003) over the 11 days between when he drained the treasury and now.
Address: FhYPjrH12uLaLXFttCHgEKKFvBPoN6rztMPs2E8LWUNJ
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