According to @zachxbt, the on-chain address 0x78e1 is closely tied to the USD 680,000 Favrr exploit from June 2025, with the project’s CTO and other developers identified as DPRK IT workers using fraudulent documents, source: ZachXBT on X, Aug 13, 2025. According to @zachxbt, additional DPRK IT workers were identified at projects linked to the 0x78e1 address, heightening sanctions and compliance risk for counterparties interacting with related wallets, source: ZachXBT on X, Aug 13, 2025. According to @zachxbt, traders should watch for movements from 0x78e1 and linked addresses to manage exposure to tainted funds and potential liquidity disruptions on affected venues, source: ZachXBT on X, Aug 13, 2025.

According to Ai 姨 (@ai_9684xtpa), James has deposited his remaining 480,000 USDC into Hyperliquid, reducing his BTC liquidation price to $103,640. With Bitcoin currently trading at $104,333, James's unrealized loss has reached $1.48 million. This tight margin signals heightened liquidation risk, and traders should closely monitor BTC price movements tonight as a sharp drop below $103,640 could trigger significant liquidations and volatility in the crypto market (Source: Twitter).