Tron users lose $9.4M to address poisoning as wallet defenses lag
TRON (TRX)
Editor:
Eugene Serbin
bitcoinethereumnews.com reports that fifteen victims lost a combined $9.4 million to a single address poisoning operator on the Tron network over the past four weeks. On-chain investigator Specter flagged these losses on August 27, noting that stolen balances were swapped into USDD and funneled to one consolidation wallet. Two of the largest victims each lost $2.5 million in these targeted attacks.
Analyst Stacy Muur explained that the scam begins when attackers send tiny dust transactions from fake addresses that closely resemble real ones. Users often copy these deceptive addresses from their history, sending funds directly to the thief instead of the intended recipient. Blockchain addresses are long strings, so wallets typically display only the first and last few characters, allowing the trick to succeed.
On August 22, investment firm Bofur Capital lost about $2 million when it copied a wrong address after pulling funds from Compound. The attacker swapped the stolen USDC into DAI to avoid having the funds frozen. While MetaMask and Trust Wallet have added protections, these features work mainly on EVM chains and not Tron. Trust Wallet has detected over 225 million poisoning attempts with more than $500 million confirmed stolen.
How the market reacted
Whalio's own Binance spot order flow for TRX, measured when this story was written up on 27 August 2026. Not the outlet's figures.
Whalio’s spot data for TRX shows a price of $0.3360 with a 24-hour buy ratio of 51.1%, indicating a near-even split between buyers and sellers. The 1-hour buy ratio sits higher at 63.1%, suggesting a recent surge in buying pressure that contrasts with the 4-hour ratio of 45.6%. Volume delta reflects this shift, showing a positive +$149,331 in the last hour versus a negative -$723,612 over four hours. The cumulative volume delta for the day is +$3,948,037, with net buying occurring in 14 of the last 24 hours. This data indicates that while short-term momentum is bullish, the broader four-hour trend remains slightly bearish.
The latest daily buy ratio of 49.7% sits at the 33rd percentile of the last 322 days, against a median of 52.4% - ordinary for this coin.
Twenty-four hours later
What TRX did over the 24 hours after the story broke. The market moves for its own reasons; this is what happened, not what the story caused.
Was that an ordinary day?
The same Binance spot measurements for TRX, averaged over the days leading up to the story.
Over the preceding week, the 7-day average buy ratio was 52.5%, making today’s 24-hour ratio of 51.1% slightly below the weekly norm by 1.4 points. Spot volume remains steady at 1.00x the average, with total volume delta for the eight-day period reaching +$15,193,910. Trading activity included 70,500 trades over 24 hours, generating a spot volume of $41,378,395. The coin has seen a modest 0.5% price increase over eight days, with net buying occurring on five of the seven days. This suggests that current trading activity is consistent with the recent weekly trend rather than an outlier event.