Gnosis Safe Wallet Drains $7.8M in rsETH Heist
Gnosis (GNO)
Editor:
Eugene Serbin
cryptocurrency.com.tr reports that a bug in an auxiliary contract enabled the draining of a Gnosis Safe wallet for an amount equivalent to $7.8 million in rsETH, the liquid staking token issued by Kelp DAO. The incident occurred early Tuesday on the Ethereum network and was detected by security firms BlockSec, Blockaid and SlowMist. They traced the origin of the flaw to an external component that the victim themselves had authorized. The root cause was identified as a flawed authorization check in the executor contract.
How the market reacted
Whalio's own Binance spot order flow for GNO, measured when this story was written up on 15 September 2026. Not the outlet's figures.
GNO is trading at $115.37 with a 1-hour buy ratio of 36.2%, which is lower than the 40.9% seen over the past 4 hours. This suggests that buying pressure is fading in the immediate term compared to the broader recent window. The 24-hour buy ratio sits at 46.2%, indicating that buying has been more consistent over the full day than in the last hour. Volume delta is negative across all timeframes, with -$854 in the last hour and -$7,592 over four hours, meaning sell volume has exceeded buy volume. However, the 24-hour volume delta is -$22,723, showing that selling has dominated the entire day's activity despite a positive cumulative volume delta of +$2,138 at the close.
The latest daily buy ratio of 35.2% sits at the 2nd percentile of the last 322 days, against a median of 50.6% - among the weakest buying days it has had.
Was that an ordinary day?
The same Binance spot measurements for GNO, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.7%, making today's 24-hour ratio of 46.2% a decline of 4.5 points from that baseline. Spot volume has surged to 2.40 times the weekly average, indicating significantly higher activity than usual. The 24-hour volume delta of -$22,723 contributes to an 8-day total volume delta of -$29,914. While there were 4 days of net buying in the last week, the current price change of -1.6% over 8 days reflects the overall selling pressure. This represents an unusual day for the coin, driven by volume 2.40x the average despite a lower buy ratio than the weekly norm.