An address exploited the Ostium vulnerability to profit 23.75 million USDC and exchanged it for 12,085 ETH.

According to Odaily, on-chain analyst Yu Jin reported that an hour and a half ago, the address (0x321...bfd9) with the DeBank username musti_akrep profited 23.75 million USDC by exploiting a vulnerability on the Perp DEX Ostium and withdrew the funds. The 23.75 million USDC was transferred to the Arbitrum chain and then immediately exchanged for 12,085 ETH at a transaction price of 1,965 US dollars. These 12,085 ETH are currently still held on the Arbitrum chain.