Security
NIGHT Token Transfer Wipes Nearly 50% Off Price — 200M Still Unsold
The Cryptonomist·July 21, 2026·1 min read
A Wanchain bridge contract drained 515.2 million NIGHT tokens in eight minutes on July 20, 2026, wiping nearly 50% off the price. Midnight's foundation defended the network's integrity after the large transfer. 200 million NIGHT tokens remain unsold. The surgical move caused freefall for the native asset.
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