Lookonchain APP

App Store

Analysis: The address "0x7a7" is linked to the Venus CAKE/THE liquidation event, and may have profited significantly from frontrunning.

2026.03.16 09:58:57

March 16 — Per OnchainLens monitoring, wallet address **0x7a7** is linked to a CAKE/THE liquidation event on Venus Protocol, having received 7,447 ETH (valued at $16.29 million) from Tornado Cash. The attacker used the ETH as collateral to borrow $9.92 million in stablecoins on Aave. After accumulating THE tokens, they likely manipulated their price on a centralized exchange (CEX). Subsequently, the attacker deposited 36.1 million THE into Venus and borrowed assets including BTC, BNB, and CAKE. Roughly 40 minutes later, a sharp drop in THE triggered liquidation. As a result: - Venus incurred $2.15 million in bad debt; - The attacker siphoned ~$5.07 million in assets; - Their actual profit may stem from short positions on a CEX during the crash.
Relevant content

US Media: Rescued American Pilot Sent to Kuwait

April 5 — According to The New York Times, the second pilot of a U.S. F-15E fighter jet shot down recently has been evacuated to Kuwait for treatment. During the rescue, U.S. forces destroyed two "stranded" military transport planes. The pilot evaded Iranian search teams in a mountainous area for over 24 hours with only a sidearm, per reports. U.S. special operations forces deployed hundreds of troops for the mission, which included exchanges of fire with Iranian forces.

2 minutes ago

Iran Says Multi-Department Operation Hit Rescue US Military Aircraft

On April 5, Iran’s Hataam al-Anbiya Central Command of the Armed Forces announced that its Revolutionary Guard troops, along with Basij militia and law enforcement commandos, had destroyed an enemy aircraft in southern Isfahan in response to U.S. efforts to rescue a downed pilot. The Islamic Revolutionary Guard Corps (IRGC) also confirmed the same day that joint operations across Iranian armed forces branches had downed the aircraft during the U.S. pilot rescue mission. U.S. officials have not yet verified the Iranian claims. Separately, *The New York Times* reported on its website that two U.S. military transport planes malfunctioned and became stranded during a pilot rescue mission in Iran on April 5. The U.S. later dispatched three additional aircraft to continue the mission and destroyed the two disabled planes.

2 minutes ago

「Buddy」 Increases ETH Long Position to 7500 Coins, Unrealized Loss of $306,000

April 5th: Per monitoring from HyperInsight (Telegram: https://t.me/HyperInsight), the address tied to "Brother Whale" Huang Licheng today added an ETH long position with 25x leverage, totaling 7,500 coins (roughly $15.24 million). The position currently holds an unrealized loss of $306,000, with an entry price of $2,073.1 and a liquidation price of $1,988.3.

2 minutes ago

Economist: US March CPI MoM Could Surge 1%, Fed May Face Rate Hike Challenge This Year

April 5th — Economists say the sudden surge in gasoline prices U.S. consumers are experiencing will be fully reflected in key inflation data due out this week. The U.S. March CPI is expected to rise 1% month over month, marking the largest monthly gain since 2022; core CPI is seen increasing 0.3%. Prior to this, the Iran conflict pushed gasoline prices at U.S. stations up by roughly $1 per gallon. The day before the CPI release, the Fed’s preferred inflation gauge will shed light on pre-conflict price pressures. Economists expect the core PCE price index likely rose 0.4% in February for the third straight month—signaling the slowdown in inflation to a more moderate pace stalled even before the conflict erupted. Combined with signs of stabilization in the U.S. labor market, persistent price pressures and new inflation risks from the Middle East conflict, this helps explain why the Fed may struggle to cut interest rates this year. (FXStreet)

2 minutes ago

US Media: Iranian Speaker Threatens to Cut Off Strait of Hormuz Shipping

April 5 – Iranian Parliament Speaker Mohammad Baqer Qalibaf appeared to threaten disrupting commercial shipping in the strategic Strait of Hormuz chokepoint, according to an April 3 report from NBC News’ website. Qalibaf posted on X (formerly Twitter) asking, “What share of global oil, liquefied natural gas (LNG), wheat, rice and fertilizer shipments pass through the Strait of Hormuz?” He followed with, “Which countries and companies account for the largest share of shipping volume through this strait?” In recent years, vessels transiting the region have been repeatedly targeted by Yemen’s Houthi rebels, who are allied with Iran’s regime. The threat comes as Iran has already significantly disrupted shipping traffic in the Strait of Hormuz; a blockade of the waterway has roiled the global economy.

2 minutes ago

US Military Destroys Two Aircraft Involved in Rescue Mission Failure, American Media Reports

On April 5th, The New York Times website reported that two U.S. military transport planes malfunctioned and became stranded during a pilot rescue mission in Iran. The U.S. military then sent three replacement aircraft to continue the mission and destroyed the two disabled transport planes.

2 minutes ago