$8.7M Moonwell hack was planned days in advance. Here is the full on-chain timeline, one step at a time.

AGGREGATOR (@WEB3_AGGREGATOR), Aug 28, 2026, 18:36 UTC

$8.7M Moonwell hack was planned days in advance. Here is the full on-chain timeline, one step at a time. The Setup (Aug 21) The attacker created an Ethereum vault wallet (0xD7...C384) and immediately funded it with 100 ETH via Tornado Cash to obscure their tracks. Funding & Probing (Aug 24-25) They bridged 1.94M USDC to Base via CCTP for initial funding. By Aug 25, they were probing Moonwell on a small scale (testing deposits/withdrawals). The Test Run The vault wallet transferred 7,889,608 MAMO to a fresh execution wallet on Base.Shortly after, they tested a small 0.5 cbBTC borrow to c…

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