19 Million THEO Minted on Base and Swapped for $1.76 Million in Ether

Nineteen million THEO tokens were minted on Base and exchanged for about $1.76 million in Ether before the proceeds moved to another network. The newly created THEO was swapped for 700.8 ETH. The Ether was then bridged from Base to the Ethereum network. THEO fell 92% over the past 24 hours as the activity unfolded. Simon Yoon reports on blockchain technology for TokenPost. Send corrections or tips to info@tokenpost.com.

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