Cyvers Alerts: Detected a transfer of over $29 million worth of tokens from the Phemex hot wallet to a suspicious address

BlockBeats News, January 23rd, Cyvers Alerts posted on X platform that they detected multiple suspicious transactions from the Phemex hot wallet covering multiple chains. Digital assets worth over $29 million have been transferred through suspicious addresses on chains including BNB, ETH, OP, POL, BASE, and ARB. These addresses have started to exchange the assets for ETH.