💥 Poloniex exchange was hacked - why was $TRX pumped ❓

According to Scopescan,

🔍 1 day before:

Poloniex address '0xA910' transferred all tokens to new address '0x0A59' in 40 minutes, for a total value of approximately 60 million USD.

'0x0A59' now transfers tokens to more addresses and converts most to $ETH :

🔴11 million $USDT —> $ETH

🔴4.98 million $USDC —> address '0x8e4a'

Tokens being sold include: $ELON, $SHIB, and $WBTC.

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Hackers are currently using money hacked on Poloniex to buy $TRX with $USDC on Ethereum and $USDT on Tron

To date, this hacker has bought a total of 206.73 million $TRX ($22.8m)

==> This is probably why $TRX is pumping

🖥 Check (https://x.com/0xScopescan/status/1722938682716672149?s=20)

(Click on the wallet addresses above to check the wallets)