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Solana arbitrage bot King lost $856K in a multi-transfer drain, with partial funds blocked but not recovered yet.

Market News
09 Nov 2026, 17:42 WIB
Tokenpost
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Bearish
Solana arbitrage bot King lost $856K in a multi-transfer drain, with partial funds blocked but not recovered yet.

The Solana arbitrage bot King experienced a drain totaling about $856,000 across five transfers over 146 seconds, including previously omitted Tether funds. By early November 3, around $280,000 was blocked at two bridges, and 251.19 Ether valued at about $574,000 remained at one Ethereum address. However, blocking these funds does not guarantee recovery, and no recovery has been reported. This incident is separate from a confirmed attack on Crédit Mutuel Arkéa, where attackers accessed the bank's account via a service provider but did not affect customer assets.

Following the Solana bot theft incident, Ethereum, a key asset involved in the case, is trading at Rp38.782.892 on Pluang as of Nov 09, 2026 23:04 WIB. The platform shows a 1-day decline of 4.32% for ETH, with a market cap of Rp4.686,01 trillion and a 24-hour trading volume of Rp284,76 trillion. Pluang user activity leans towards buying, with 64% buy orders and a typical holding period of 108 days, indicating sustained investor interest despite recent volatility.

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