According to PeckShieldAlert, Griffin_AI experienced abnormal minting and dumping that drove GAIN down about 80 percent (source: PeckShieldAlert). The same source reports that roughly 5 million GAIN were swapped for 2,955 BNB, valued around 3 million USD, and the proceeds were then bridged and swapped to ETH via deBridge (source: PeckShieldAlert).

According to @ai_9684xtpa, address 0xF3d17326130F90c1900bc0B69323C4C7E2d58Db2 maliciously minted 5 billion GAIN, crashing the token about 95% before selling into liquidity for approximately $3.01 million in 55 minutes [source: https://twitter.com/ai_9684xtpa/status/1971021614629458400; https://intel.arkm.com/explorer/address/0xF3d17326130F90c1900bc0B69323C4C7E2d58Db2]. The sell-off reportedly began 22 minutes after the 07:04 mint, indicating a rapid execution window that overwhelmed market depth and slippage controls on DEX liquidity for GAIN [source: https://twitter.com/ai_9684xtpa/status/1971021614629458400]. The attacking wallet was created roughly 11 hours before the dump, with upstream funding traced to a new address that received ETH from Tornado and swapped via Symbiosis to BNB before the exploit, suggesting premeditated cross-chain liquidity routing [source: https://twitter.com/ai_9684xtpa/status/1971021614629458400; https://explorer.symbiosis.finance/transactions/1/0xb143bfa55227ccb36bcceb448ca2316a44c556a2b7375acc50efea6782ae93b1; https://intel.arkm.com/explorer/address/0xC7494498aC24e0Ab1842Ee12485BbfDb9c9e8294]. Post-sale, profits are reportedly being bridged via deBridge to Solana, Ethereum, Base, and Arbitrum, creating multi-chain settlement risk and complicating potential fund freezes or recoveries for market participants tracking flows [source: https://twitter.com/ai_9684xtpa/status/1971021614629458400]. The author characterizes this as a malicious mint event with official confirmation pending and suggests waiting for an official announcement as relevant parties may investigate; traders should note that some addresses attempted to buy the dip immediately after sell pressure paused, underscoring extreme volatility and knife-catching risk in $GAIN [source: https://twitter.com/ai_9684xtpa/status/1971021614629458400].