Affected by the news of the theft of $35 million fwDETH, the price of fwDETH fell by more than 95% to $85
According to market data, after the "35 million US dollars fwDETH theft case" occurred earlier today, the price of Blast chain's ETH wrapped token fwDETH dropped by more than 95% to around 85 US dollars, and has since continued to rise to 700 US dollars. The 24-hour decline is still at 63.77%, and is in a severe anchor state. Earlier reports stated that a whale address suffered a phishing attack earlier today, losing 15,079 fwDETH coins, worth about 35 million US dollars. On-chain data analysis agency Lookonchain said the address may be related to Continue Capital.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why Has Bitcoin Price Declined Recently? What to Expect in the Long Term?
Why has the world's largest cryptocurrency, Bitcoin, experienced a decline recently? The analyst evaluated the current situation.
Giants of the Market Speak Out: Five Big Banks Predict When US Rate Cuts Will Happen – Even Some Say Rates Will Rise
Journalist Nick Timiraos shared the latest predictions about interest rate decisions in the USA in his statement.
Fantom Price Rebounds As Sonic Chain Hit $100M TVL Milestone
Kenya’s draft crypto legislation will be open for public comments until January 24