BlockBeats News, April 2nd, according to Lookonchain monitoring, trader HXiRSK bought 91,891 SOL (worth $16.04 million) at an average price of $175 seven months ago. After the Drift hacking incident, he sold 47,401 SOL (worth $3.98 million) to reduce losses. His total losses have now exceeded $4 million.

Decentralized exchange Drift Protocol was hacked on April 2, resulting in losses of up to $280 million, becoming one of the largest DeFi security incidents in the Solana ecosystem. The attacker exploited a multisig vulnerability to obtain administrator keys and quickly transferred assets. Drift has paused deposits and withdrawals and has promised to continue updating the incident investigation. Security experts noted that this incident highlights the risks of high-privilege key management for DeFi protocols, urging stronger security measures to protect users’ assets.