Sequencer-induced oracle skew exploited for perps PnL.
Attacker wallets funded and staged ahead of the oracle manipulation exploit against GMX v2.
$42.0M drained from GMX v2 on Arbitrum via Oracle Manipulation.
PeckShield flagged the anomalous transactions and published an initial alert.
GMX v2 paused affected contracts or withdrawals and began tracing outbound flows.
Stolen assets followed through mixers, bridges, and exchange deposit addresses.
$5.0M of $42.0M recovered (12%); the remainder is still unaccounted for.
Remaining funds monitored across chains with exchange partners notified.