Here’s a little conspiracy theory: this explosion was probably orchestrated by THE whales (maybe even the project team) after seeing the Venus proposal announcement to remove THE as a core collateral asset. The proposal is set to go live tomorrow, which means THE won’t be able to borrow real money anymore. So they decided to make one last move right before the deadline. With no liquidity now, dumping it won’t bring in cash, so they might as well make Venus pay up. The attacker must hold a massive amount of THE tokens, and it’s spread across multiple wallets because the operation was executed in bulk through a contract. Honestly, who else but the whales would hoard so much of this trash coin?