Affected by the hacker sell-off, the WSM token has dropped approximately 23% in 24 hours

Chain Catcher news, according to Spot On Chain monitoring, as hackers sell off WSM, the price of WSM has dropped by about 23% in the last 24 hours. A day ago, wallet 0xb52 stole 769.4 million WSM from the WSM staking contract and then began selling on Uniswap and MEXC. Currently, there are still 396.2 million WSM (approximately 3.58 million USD) for sale across 17 addresses.

It is important to note that the project has withdrawn the WSM liquidity pool, and the WSM trading pairs on CEX have also been locked to mitigate the impact of the attack.