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428,000 SNX tokens linked to Mercado Bitcoin hack moved to Synthetix DAO wallet

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03 Nov 2026, 05:49 WIB
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428,000 SNX tokens linked to Mercado Bitcoin hack moved to Synthetix DAO wallet

A total of 428,000 Synthetix (SNX) tokens, worth about $76,000, were transferred from a wallet identified by analyst Emmett Gallic as connected to the Mercado Bitcoin hack. The tokens were moved to the Synthetix Protocol DAO address, raising concerns about the handling of stolen assets within the blockchain ecosystem. This movement highlights ongoing risks related to hacked funds circulating in decentralized finance platforms and may prompt increased scrutiny or security measures by the Synthetix community and other DeFi stakeholders.

Synthetix (SNX) tokens are trading at Rp3.170 on Pluang as of Nov 03, 2026 11:02 WIB, down 3.24% in the last day. The platform shows a market cap of Rp1,09 trillion and a 24-hour trading volume of Rp100,72 million. Despite the recent token movement linked to a hack, the majority of Pluang users (92%) are currently buying SNX, with a typical hold time of 71 days.

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