Lookonchain
Mercado Bitcoin has been hacked for over $46 million, while more than $9 million in stolen assets has already been frozen. The attacker still holds several altcoins that could face selling pressure.
Why it matters
The frozen assets represent only part of the reported haul. The remaining holdings create potential overhang for the named tokens if the attacker attempts to sell them.
Market impact
The reported holdings include 372.99 billion PEPE worth $1.79 million, 12,820 AAVE worth $1.61 million, and 769,950 PENDLE worth $1.35 million. The list also includes EVA, VIRTUAL, UNI and ONDO. The seed does not specify how much of the stolen total remains unfrozen.
Frequently asked questions
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How much was reportedly stolen from Mercado Bitcoin?
The exchange was reportedly hacked for over $46 million.
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How much in stolen assets has been frozen?
More than $9 million in stolen assets has already been frozen.
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Which tokens could face selling pressure?
The reported holdings include PEPE, AAVE, PENDLE, EVA, VIRTUAL, UNI and ONDO.
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How much PEPE does the attacker reportedly hold?
The attacker reportedly holds 372.99 billion PEPE, valued at $1.79 million.
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What is the potential market concern from the remaining holdings?
The attacker still holds reported altcoin balances, which could face selling pressure if those assets are sold.
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