Wall Street Memes

Spot

<ul class="news-points"> 
 <li>WSM hacker responsible for token’s massive drop in the past 24 hours.&nbsp;</li> 
 <li>The hacker has sold over 368 million WSM worth around $3.3 million since the attack.&nbsp;</li> 
 <li>Wallet addresses linked to the hacker still hold 396.2 million tokens.</li> 
</ul> 
Blockchain analytics platform Spot On Chain has linked the recent drop in Wall Street Memes’ (WSM) price to the activities of the hacker who made away with a significant amount of the tokens following an attack on Thursday.&nbsp; 
In a recent <a href="https://x.com/spotonchain/status/1750761114550579442?s=20" target="_blank" rel="nofollow">post</a> on X (formerly Twitter), the analytics platform noted that the hacker had started selling the tokens for Ether on Uniswap and MEXC. So far, the hacker has sold over 368 million WSM worth around $3.3 million in the hours since the exploit.&nbsp; 
As a result of the massive dump, the token fell nearly 35% in the last 24 hours, as at the time Spot On Chain’s report was made. At the time of press, the WSM had made a slight recovery but was still down 22.96% in the past 24 hours, according to <a href="https://coinmarketcap.com/currencies/wall-street-memes/#About" target="_blank" rel="nofollow">data</a> from CoinMarketCap. 
Following yesterday’s attack, the WSM project team disclosed they had moved to block the hacker’s activities. In an <a href="https://x.com/wallstmemes/status/1750505483830473027?s=20" target="_blank" rel="nofollow">update</a> posted on X yesterday, the team said it had withdrawn the …
The post <a href="https://coinedition.com/wall-street-memes-plummets-35-as-hacker-sells-over-368m-tokens/">Wall Street Memes Plummets 35% as Hacker Sells Over 368M Tokens</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Wall Street Memes Plummets 35% as Hacker Sells Over 368M Tokens

Coin Edition

2024년 1월 26일에 게재된 다른 기사

Bitcoin Miners’ Sell-Off May Signal Potential Price Decline

Analyst Predicts Bitcoin Rally Based on Key Indicator Signals

Bitcoin bulls rejoice as largest ETFs halt outflows – What does this mean for BTC?

Why Is Bonk Price Up 10% Today, Set To Hit $1 In The Next Bull Run?

Dogecoin’s Price Rollercoaster: Can It Stabilize After Sharp Fluctuations?

Impending Bitcoin Halving Raises Concerns Over Mining Costs

무료 뉴스레터에 가입하여 매일 최신 암호화폐 소식을 받아보세요!