Lookonchain reports that trader web3vc withdrew 1.79M UNI worth $13.18M from Venus Protocol and sent it to Binance, marking a potential exit after buying at an average of $9 a year ago and facing nearly $3M in unrealized losses.

Whale 0x2160 withdraws 8,474 BNB ($5.9M) from Binance into Venus protocol, borrows 2.6M USDT to buy more BNB at $698.38 with bullish EMA structure intact.

According to PeckShieldAlert, the Venus Protocol's $THE market has been exploited, resulting in approximately $2.15 million in bad debt. The attacker withdrew 7,400 ETH from TornadoCash a month ago and borrowed $9.9 million to purchase $THE. They artificially inflated the exchange rate by donating 36.1 million $THE to the vTHE contract, bypassing the supply cap. Post-attack, Justin Sun, a top $XVS holder, deposited 621K $XVS ($1.95M) on HTX Global, while the BNB Bridge Exploiter, another major $XVS holder, still retains 135K $XVS (~$421K).

According to Lookonchain, a hacker successfully manipulated $THE's price and exploited Venus Protocol on the Binance Smart Chain (BSC), resulting in $2.18 million in bad debt. This incident highlights vulnerabilities in decentralized finance (DeFi) protocols and underscores the importance of robust security measures for trading platforms.

According to @OnchainLens, a wallet tied to Tornado Cash with 7,447 ETH ($16.29M) orchestrated a strategic liquidation cascade involving $CAKE and $THE on Venus Protocol. The attacker used ETH as collateral on Aave to borrow $9.92M in stablecoins, manipulated $THE prices on a centralized exchange, and deposited $THE into Venus to borrow assets like BTC, BNB, and CAKE. Shortly after, $THE's price crash triggered liquidations, resulting in $2.15M of unrepaid debt on Venus. The attacker likely profited ~$5.07M through short positions during the crash.

According to @EmberCN, an address that received 7,400 ETH from Tornado Cash initiated a liquidation event involving CAKE and THE tokens. This caused a $2.15 million deficit for Venus Protocol, while the hacker extracted approximately $5.07 million worth of assets, including 2,172 BNB, 1.516 million CAKE, and 20 BTC.

According to @ai_9684xtpa, a major investor who purchased 3.667 million $THE tokens at $0.2693 a month ago, capitalized on a price surge caused by a flash loan attack on the Venus protocol. The investor transferred all tokens to Binance and could potentially profit $729,000 if sold. This highlights the trading opportunities arising from unexpected market events.

According to @EmberCN, XVS fell about 40% in a single day from 5.3 dollars to 3.1 dollars during a sharp intraday drop. According to @EmberCN, a whale who used looping on Venus Protocol two days earlier to buy 532,000 XVS (about 2.81 million dollars) by borrowing 1.4 million USDT was hit by a liquidation during the flash move. According to @EmberCN, roughly 287,000 XVS (about 930,000 dollars) was liquidated, with total losses reported at approximately 1.09 million dollars.