Shibarium Hack Pressure Ends, BAD Price Bounces Back
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- The Shibarium bridge exploiter has sold the final batch of the stolen BAD tokens.
- BAD was among the tokens stolen during the recent Shibarium bridge exploit.
- An observer expects BAD to rebound after the final selloff of stolen tokens.
The attackers behind the September 12 Shibarium bridge exploit have liquidated their remaining stash of BAD tokens, according to Christopher Johnson (Mr. Lightspeed), President of Lightspeed Crypto Services and advisor to the Bad Idea AI project.
On-chain data confirmed the final swap: 2,057.39 BAD for 3.2 ETH via MetaMask on Monday. With the exploiter’s selling pressure now exhausted, Johnson said the community can focus on buying dips without fear of another large dump.
As we discussed last night$BAD did not deserve a dump like this, but from looking, the exploiter sold all the Bad, meaning it is now safe for the community to…
Read The Full Article Shibarium Hack Pressure Ends, BAD Price Bounces Back On Coin Edition.
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