Around dawn on November 27, Upbit confirmed an abnormal outflow of Solana-network assets worth roughly 54 billion KRW (~$38.5 million). The transfer hit at 04:42 KST, drained funds across multiple Solana-ecosystem tokens, and went straight into unknown external wallets. Upbit paused all deposits and withdrawals immediately. It’s a normal procedure on paper, but the sudden silence that follows an incident like this is never normal. Something broke inside the fortress, and the market felt the shock. The Breach: A Multi-Token Drain, Not a Single-Asset Spill Upbit didn’t lose one token. It lost an entire basket. The exchange confirmed unauthorized withdrawals
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