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Magic Eden undergoing possible exploit as thousands of NFTs move for 0 ETH

Magic Eden has faced reports of a possible contract exploit after unusual transactions showed thousands of NFTs being sold for 0 ETH, although one account involved in the activity has claimed the transfers are part of a whitehat operation.

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CoinGecko last prints — not a Dextape quote.

Why it matters

Loss events reprice related tokens and counterparties first. Confirm what was taken, what was recovered, and whether a chain or a custodian is in scope.

Automated desk note. Not Dextape reporting.

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