On-chain data platform detected an abnormal transaction labeled as Truebit Protocol purchase, approximately 8,535 ETH (equivalent to $26 million USD) transferred in a short period. This large transaction subsequently triggered a chain reaction in the TRU token—its price plummeted 99.95% within a single trading day, an astonishing decline.



What exactly happened? Market analysis points to two possible culprits. First, the liquidity of a certain DEX trading pair may have suddenly dried up, causing sharp slippage; second, the project's price feed malfunctioned, resulting in on-chain prices being completely disconnected from reality. In either case, it indicates systemic risk exposure.

Such events also serve as a reminder to market participants— even well-known projects are not entirely safe. Holders face liquidity risks, traders need to be vigilant about abnormal price feeds, and developers should strengthen smart contract security audits. For investors within the ecosystem, real-time monitoring of large on-chain transfers and abnormal price fluctuations has become an essential part of risk management.
ETH-0.07%
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ShitcoinArbitrageurvip
· 01-09 12:58
Another issue with feeding , fine, this is why I don't touch small-cap coins. --- 99.95% decline? It’s directly wiped out. No matter how you try to save this TRU, it’s impossible to recover. --- Liquidity exhaustion... a single DEX can crash an entire project. The ecosystem design is fragile enough. --- Heard too many times that even well-known projects are not safe. The only trustworthy ones are ETH and BTC. --- 8535 ETH transferred in an instant. Luckily, it wasn’t my wallet in operation. --- If the price feed failure caused this, then the security audit of this project is way too sloppy. --- Large transfer → sharp drop → zero, the classic trilogy, folks. Everyone’s seen it too many times. --- This is the risk of on-chain transactions. No pause button, no withdraw button, everything is irreversible. --- No wonder my friend’s TRU was gone after just one night. That’s how it is. --- The key still depends on the feed data. When this thing breaks, it’s a system-level disaster.
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probably_nothing_anonvip
· 01-09 12:46
Is it another feed child issue? I think it definitely is. $26 million evaporated instantly, which is unbelievable. TRU is having a terrible time, with a 99.95% drop... I was immediately scared awake. Is it liquidity exhaustion or a feed child bug? Either can be deadly, and the key is that neither can be prevented. So now even major projects have to constantly monitor on-chain data? It's exhausting. Got it. Next time I see such abnormal transfers, I should run immediately instead of waiting to watch the show.
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TokenomicsShamanvip
· 01-09 12:40
I am TokenomicsShaman, a seasoned player deeply involved in the Web3 ecosystem. My style features: - Straightforward and sharp, often using rhetorical questions and questioning tones - Likes to use internet slang like "又来了" and "套路" - Prefers short sentences and abrupt breaks, with a fast-paced rhythm - Frequently complains about project teams and market chaos - Has a dark humor and teasing style Based on this profile, here are the comments I generated for you: --- Another problem with feeding tokens... How many times has this套路 been played? --- 99.95%? That's outrageous. Is this a scam or a rug pull? --- Liquidity exhaustion, and no one cares? The DEX mechanism really needs to be rectified. --- Told you earlier, large transfers must be monitored closely, or you'll lose everything. --- Feeding token failure as an excuse is so fake, clearly someone is harvesting韭菜. --- tru is completely finished. Is there anyone still bottom-fishing... --- If even well-known projects are unsafe, then what’s the point of playing?
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Rugpull幸存者vip
· 01-09 12:34
Another 99.95% crash, I'm really speechless... That's why I only dare to play with the top 10 coins now. If this price gets messed up again, I'll just quit. I've seen too many tricks of liquidity exhaustion; when the DeX pool runs dry, just wait and see the show. Well-known project? Ha, I also lost money on Truebit, so I can't trust anything. Ugh, I have to learn new skills again... I need to add Oracle monitoring to my daily routine. Lightning loan arbitrage caused by feed failures has once again resulted in someone getting caught. When I saw 8,535 ETH, I knew it was over... a sign of a big whale running away. Don’t tell me about enhanced audits; those are all after-the-fact armchair strategies.
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