NIGHT Token Transfer Wipes Nearly 50% Off Price — 200M Still Unsold
In just eight minutes on July 20, 2026, a Wanchain bridge contract drained 515.2 million NIGHT tokens from its holdings — a move that sent Midnight’s native asset into freefall and forced the project’s foundation to defend the integrity of its entire network. The large NIGHT token transfer wasn’t random noise. It was surgical, deliberate, and it left a trail on-chain that investigators quickly began to follow.