A large holder got caught in a drainer and lost all of his 15,079 DETH.

DETH is wrapped ether on the Blast network. After the hacker got the coins, he exchanged all of the DETH for ETH. But due to the insufficient depth of the DETH pool, the 15,079 DETH were only exchanged for 2,288 ETH. The pool was emptied, and the DETH/WETH ratio was greatly disrupted.

The value of the stolen assets decreased by 85%, from $35.98 million to $5.5 million.

DETH has fallen by more than 90% in the last 24 hours, which in turn led to the depletion of Blast lending protocols such as PAC Finance and Orbit Finance.

There was some good money to be made overnight, but the price of DETH is currently at $1,318. Considering that all DETH tokens are backed 1:1 by native ether in the project contract, the coin rate may recover if the team does not abandon this issue.