Solana Trader Reports $2.2K Wallet Drain; Community Flag Phishing Amid Security Jitters

A retail trader on the r/solana subreddit claimed their entire portfolio was emptied Saturday, sparking a localized investigation into whether a new vulnerability or standard phishing vector was at play. The incident highlights heightened sensitivity in on-chain markets following a week of high-profile security alerts.

The Claim

The user, posting as ‘Ok-Low3319’, reported a total loss of approximately $2,200 in various memecoins, including $MIRUMI and $WHITEPEPE. “Just drained my whole bag,” the user wrote, sharing a transaction hash that shows a rapid unauthorized transfer of assets.

I was drained by someone… One of these transfers [linked to the attacker].

While the user feared a novel exploit, veteran community members quickly identified the hallmarks of a malicious signature, likely from a fake Telegram verification bot or a “wallet connect” scam. This vector allows attackers to drain funds without the user’s private key, provided the user unknowingly signs a permission slip.

Institutional Context

The anxiety surrounding a $2,200 loss is amplified by the current macro-security environment. The report arrives just days after investigator ZachXBT warned of a coordinated drain attacking EVM chains and a separate data breach involving Ledger’s third-party vendor, Global-e. Market participants are currently hyper-alert to any signal of infrastructure-level weakness.

Market Reaction

Solana (SOL) remained resilient despite the retail panic, trading at $135.81 (+0.4%). The lack of price impact suggests the market correctly identified this as an isolated user-error incident rather than a protocol-level threat.

> ABOUT_THE_AUTHOR _

James Chatfield

// Senior News Editor

I lead the editorial team covering digital assets and blockchain regulation at CryptoWatchDaily. After earning a Journalism degree from The University of Sheffield, I spent a decade reporting on traditional finance before shifting focus to crypto. I value accuracy and clarity over hype. When I’m not tracking market movements, I enjoy distance running and collecting vintage sci-fi novels.

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