MASK Surges 25% After Founder’s Wallet Hack and $2.1M Sell-Off Trigger Volatile Rebound

Mask Network (MASK) is currently trading at $2.595 on Binance, with a 24-hour trading volume exceeding $130 million and a 25.24% price increase from the previous day. The significant price movements in the last 24 hours were driven by a combination of factors: a major sell-off by a large holder who sold $2.1 million worth of MASK on June 2, 2025, causing a temporary 17% price drop, and a rapid recovery fueled by heightened trading activity and investor interest following news of a $4 million hack of the founder’s wallet. The asset’s volatility was further amplified by its trending status among cryptocurrencies and strong trading participation across major exchanges.