Back in 2022, this trader also suffered a major liquidation, losing $32.82M across three failed trades.
The market loves shaving whalesβthey just keep bringing in more and more π
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A trader decided to snipe the new shitcoin PAIN. He bought $2.05M worth of tokens, but ended up paying $430K in fees.
He didnβt lose money on the token, but he burned nearly half a million on feesβshitcoins, just what we need π
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ODES β All about trading
Hayden Davis β CEO of Kelsier Ventures and one of the creators of the $LIBRA memecoin.
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That's what the CEO of CryptoQuant believes:
"Thereβs no direct rotation from BTC to alts, but stablecoin holders are favoring alts. Altcoin volume is 2.7x that of BTC. BTC dominance no longer defines altseasonβtrading volume does.
However, this is a very selective altseason. DYOR."
Well⦠this isn't exactly the altseason we were waiting for, is it?
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An unknown whale has withdrawn 401,346 ETH ($1.46 billion) from the exchange and started selling.
BTC is reacting with a drop to $97,500
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ODES β All about trading
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ODES β All about trading
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ODES β All about trading
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DeFiLlama founder 0xngmi pointed out that the attack on Bybit closely resembles the hack of the Indian exchange WazirX.
That incident was linked to North Korean hackers.
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ODES β All about trading
π¨ π¨ π¨ π¨ π¨ π¨ π¨ π¨ π¨ π¨ 560,000,000 #USDT (560,728,000 USD) transferred from unknown wallet to #Bybit
Details
This is how problems are solved on proper exchanges π€ They proved it with actions.
Respect! π₯
Details
This is how problems are solved on proper exchanges π€ They proved it with actions.
Respect! π₯
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ODES β All about trading
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ODES β All about trading
π¨ π¨ π¨ π¨ π¨ π¨ π¨ π¨ π¨ π¨ 560,000,000 #USDT (560,728,000 USD) transferred from unknown wallet to #Bybit Details This is how problems are solved on proper exchanges π€ They proved it with actions. Respect! π₯
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ODES β All about trading
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ODES β All about trading
Bybit CEO Ben Zhou announced that all withdrawals have been processed, the system is operating normally, and there are no delays. The total outflow of funds since the incident has reached nearly $5 billion, broken down as follows:
- Hackers β approximately $1.5 billion
- Bybit itself (loan collateral) β $1.3 to $1.5 billion
- Users β around $2 billion
This was likely the largest single-day fund outflow in crypto exchange history. For comparison:
- Binance saw $7.3 billion withdrawn in a week during 2022 insolvency rumors.
- FTX collapse led to $6 billion withdrawn in 72 hours.
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ODES β All about trading
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ODES β All about trading
Following the Bybit hack by the Lazarus group, Mantle has frozen the ability to unstake mETH.
β’ Lazarus cannot withdraw their staked ETH.
β’ They seem unwilling to negotiate and have apparently decided to burn the tokens.
Will Lazarus be stuck with stolen but illiquid assets, or will they find a way to cash out? π₯
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Analysts have noted a change in the tone of tweets, Kanye followed CZ, and even asked what Hyperliquid is.
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Current market cap: $1.7M
So, is this just the cherry on top after stealing $1.5 billion?
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ODES β All about trading
Current market cap is around $5 million, with a peak of $8.5 million right after our post.
I locked in 100% profit and left a small bag just in case the North Koreans decide to market buy for $1.5 billion
Easiest money in 2 hours. If you still donβt know how to buy/sell memecoins before they pump, you need to check out [
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