Daily Market RecapSaturday, September 26, 2026

A Whitehat Rescued $5.7M in NFTs After an Old Magic Eden Contract Got Exploited

Attackers found a vulnerability in a Limit Break contract Magic Eden retired back in 2024, using leftover wallet approvals to drain NFTs and WETH without anyone signing a thing. Before more could vanish, whitehat 0xQuit used the same exploit to rescue over 23,000 NFTs — worth roughly $5.7M — into safekeeping, working through the night. Magic Eden confirmed no current listings were touched but is telling anyone who used its old EVM marketplace to go revoke that contract now.

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Listen — narrated by Alex

~90 sec

NFT30: A Hero Emerges From a Marketplace Exploit

Today's biggest story isn't a sale — it's a whitehat saving millions in NFTs from an old contract exploit. Claynosaurz and a MYTHIC Milady kept the real market moving too 👇

A Whitehat Rescues $5.7M in NFTs From an Old Exploit

Attackers drained NFTs and WETH from leftover approvals on a Limit Break contract Magic Eden retired in 2024; 0xQuit used the same exploit to save over 23,000 pieces before more could vanish.

A MYTHIC Milady Sells at 6.9x Floor

Rank #31 carrying a MYTHIC trait went for 6.66 ETH — about $17,818, nearly 7 times the collection's floor.

Claynosaurz Climbs as Solana NFT Trading Expands

Floor up 5.2% today, with real sales still landing on Magic Eden even as OpenSea's relaunch adds full Solana support alongside it.

Cryptoadz and Squiggles Lead Today's Gainers

Cryptoadz is up 7% and Chromie Squiggles up 4.8% today, the two brightest spots on an otherwise mixed board.

Mutant Apes, Azuki and Lil Pudgys All Pull Back

Mutant Ape Yacht Club slid 8.4% today, with Azuki down 4.4% and Lil Pudgys down 3% — a genuinely cooler day for these three.

A Community Meetup, Still Making Waves a Week Later

Six days ago, Pudgy Penguins' Ukraine meetup organizer thanked the local chapter for how much it's grown — still the story people point to when asked why the community holds.

Three Fresh High-Star Offers on the Board

A 5-star ETH listing at 0.14, a 4-star 50 SOL offer, and a 4-star 0.1515 ETH piece all surfaced in the last several hours.

The numbers

NFT30 index: 51.56 (24h -0.1%) · 7d +11.75%
Milady 1974 sold for 6.66 ETH (~17818 USD) — 6.9× floor
QUOTRON #1498 sold for 4 ETH (~10761 USD) — 2.1× floor
#1899 sold for 2.6 ETH (~7067 USD) — 3.1× floor
Azuki #9333 sold for 2.2 ETH (~5925 USD) — 3.2× floor
Elemental #19262 sold for 0.5 ETH (~1346 USD) — 8.4× floor

📜 Transcript

ALEX: Lazy Lions did nine times as many sales this week as the week before. And the floor fell by more than forty percent.

ALEX: More buyers, much lower price. That's today's story.

ALEX: And no, it isn't Ethereum dragging it down. ETH was slightly up on the week. This is the collection itself.

ALEX: So let's go back to where it started. September seventeenth.

ALEX: The official account posts about two people who'd been watching Lazy Lions for years and finally bought in on the same day.

ALEX: The next day, one new holder arrives and six people turn up to welcome him. Warm stuff. Very much a community.

ALEX: Then, on the nineteenth, the project itself sweeps five of its own Lions off the floor.

ALEX: When a team buys its own cheapest pieces, it's usually trying to hold the price up. Or at least show it cares.

ALEX: And on the twentieth, six accounts post the exact same sentence, word for word.

ALEX: That's not a conversation. That's a campaign.

ALEX: And under all that cheering? The floor kept sliding, with the worst day right at the end of the week.

ALEX: Now the sales, because this is where it gets strange.

ALEX: The best-looking one was on the nineteenth. A top thousand piece out of ten thousand. Its best trait roughly justified what the buyer paid. That one adds up.

ALEX: Then there's the piece that sold twice. Once on the twenty-third, again on the twenty-fifth, higher the second time. About seven times floor.

ALEX: Quick one on what "times floor" means. The floor is the cheapest Lion you can buy right now. Seven times floor means you paid what seven of those would cost.

ALEX: And here's the problem. That piece sits in the middle of the rarity table, and its best trait is worth about two and a half times floor. Not seven.

ALEX: The second buyer is a wallet with no tracked history that now holds thirteen Lions.

Written automatically from on-chain data · Not financial advicePowered by Provenance ↗