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Latest Update
7/15/2026 4:07:00 PM

Ostium: $23.75M Exploit Funds 12,085 ETH Buy

Ostium: $23.75M Exploit Funds 12,085 ETH Buy

Ostium Perp DEX lost $23.75M USDC to musti_akrep exploit; funds converted to 12,085 ETH at $1,965 on Arbitrum.

Source

Analysis

Ostium paused trading after an attacker using the DeBank address musti_akrep drained $23.75 million USDC from the OLP vault via a vulnerability and immediately swapped the proceeds on Arbitrum for 12,085 ETH at $1,965.

The ETH remains parked at the reported Arbitrum address while Ostium investigates. ETH now trades at $1924.23 inside its Bollinger band with the upper resistance at $1940.41; RSI(14) at 72.29 already prints overbought while the MACD golden cross remains intact above the EMA50 support at $1806.35, pointing to a probable retracement toward that level before any further upside attempt.


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