Trader exploits Multichain opening to turn $280K to $1.9M; community suspects insider job
The momentary opening of the frozen bridge raised suspicion of it being an insider job, as the trader in question was the only beneficiary.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The momentary opening of the frozen bridge raised suspicion of it being an insider job, as the trader in question was the only beneficiary.
Why this matters
This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
Read on CointelegraphRelated market context
Traders turn most positive on US dollar since 2015, and crypto should pay attention
A strong US dollar amid geopolitical tensions could challenge crypto markets, as tighter monetary policy may reduce appeal for non...
Trader Turns $2 Million of ETH Into $14,208 as Lighter Token Rallies 53%
A crypto trader swapped 1,126.44 ETH worth $2.01 million for just 5,776 LIT valued at $14,208 on Sunday, wiping out nearly $2 mill...
Michael Saylor’s Orange Dot Bitcoin Chart Returns as Traders Watch for Strategy’s Next Buy
Michael Saylor posted a fresh orange dot bitcoin chart Sunday, putting attention back on whether Strategy will announce another bi...
USDT Returns to Bitcoin: RGB and UTEXO Enable Private Lightning Settlements
Bitcoin Magazine USDT Returns to Bitcoin: RGB and UTEXO Enable Private Lightning Settlements Tether, the company behind USDT, is p...
Bitcoin Reclaims $63K as ETF Inflows Return and a Short Squeeze Clears the Bears
Bitcoin printed $63,835 today after reclaiming $63,000 for the first time in two weeks, as U.S. spot ETF inflows returned and a sq...
Chelsea captain Reece James eyes World Cup return as crypto-linked football culture keeps growing
Reece James' World Cup return highlights the growing normalization of crypto in sports, influencing both fan engagement and sponso...