What changed
99 million USDT was drained from wallets it retired after last year’s $44 million hack, bringing its combined losses to nearly $60 million—and it’s absorbing the hit India’s CoinDCX Confirms $16 Million Loss Days After CEO Called It a ‘False Alarm’ The Mumbai-based exchange says 15
Why it matters
Exchange operations around USDT can change volatility, liquidity, or sentiment. The concrete detail to watch is 99 million USDT was drained from wallets it retired after last year’s $44 million hack, bringing its combined losses to nearly $60 million—and it’s absorbing the hit
Trading lens
Use this as defensive context from decrypt.co. Watch whether india’s CoinDCX Confirms $16 Million Loss Days After CEO Called It a ‘False Alarm’ confirms momentum, invalidates active bias, or changes timing.