Intro

Check out this page of CryptoNews if you like to know What really Happened there

But for a little Start its enough to say :

Go put $5 in pool #1. add liquidity , then remove liquidity , Now you have $15

Method

We know period time of the Bug was from Block number 4707300 to block number 4713064. and wallets added and removed liquidity rapidly , So we gonna sort All wallets Add/Remove in that period and see 10 top Wallets with the most join/Exit transactions Then we can calculate how much they took

it is told that 95% of Steals were made by 4 Wallets

after that on block number 4713064 blockchain freezed , I think a big part of stolen value is still in their wallet on OSMOSIS blockchain we calculate that too

These ten Wallets are the most transacted ones

Now lets see How much they took away

Lets check the behavior one wallet who made most transactions

147 transactions , how much made of it?

$3.04M , Wow ! what a robbery

conclusion

An 2 hours Open Window to Steal in crypto lead to a nearly $4.75M loss

and about 64% of the robbery made by just one wallet

and almost 70% ($3.32M) of the robbery is out of Osmos blockchain means cant take it back

This is all assets added and removed after upgrade

Lets do the Calculate and see How much big this was

So About $4.75M is the All liquidity removed improperly from pools ,

I focused on the first wallet of the list lets see what assets it used and how much

Four coins most Osmo itself

for more information see the blow table

I separated join/exits | assets with amount of asset and algo Value in USD

How much is still on OSMOSIS?

Because I dont have access to balances in wallets , I would calculate Out transactions values of wallets that have removed liquidity after block number 4707300 , the we find out how much stays in Osmos

It is an logarithmic table witch shows wallets with remove liquidity transactions has send tokens out of osmos

3.32/4.75 equals to almost 70%

So there is 30% of robbery still is OSMOS (About $1.43M) , we should what will happen to them

outro

This Article Is written By

• AlferedRose

in

• Friday, June 10, 2022

By using of

• FlipSideCrypto

Data

Thanks For reading it !