Cyvers Alerts: Over $29 million worth of digital assets in Phemex hot wallet have been transferred to a suspicious address

Jan 23, 2025 20:48:53

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ChainCatcher news, Cyvers Alerts posted on platform X that the system detected multiple suspicious transactions involving hot wallets across several chains. Currently, digital assets worth over $29 million have been transferred to suspicious addresses on chains such as BNB, ETH, OP, POL, BASE, and ARB, and these addresses have begun exchanging assets for ETH.

ChainCatcher previously reported that according to monitoring by Shield, the hot wallet of the cryptocurrency derivatives trading platform Phemex has seen large amounts of suspicious outflows.

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