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Altcoins & DeFi

Solana Bot King Theft Estimate Rises to $856,000 After Fifth Transfer

Image: TokenPost

The Nov. 2 drain of Solana arbitrage bot King totaled about $856,000 across five transfers, raising the known total after the fifth transfer was included. The five transfers moved funds out of the bot over 146 seconds. The revised total includes 69,868.77 Tether (USDT) omitted from the initial $786,000 estimate . It measures the amount taken across all five transfers; a final net loss has not been established. At the Nov. 3, 4:17 a.m. ET (09:17 UTC) review cutoff, about $280,000 was blocked at two bridges. Another 251.19 Ether (ETH), then valued at about $574,000, sat at one Ethereum address. Blocking funds does not mean they have been recovered, and no recovery was reported at that cutoff.

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