Blockchain analytics firm XRPL.to tracked 11.75 million XRP (approximately $18.68 million at current prices) flowing out in six waves from 6,678 unique wallets between September 15 and 20. Hardware wallet manufacturer DCENT has issued a warning, urging users who have ever entered or restored a seed phrase in its App Wallet, including hardware wallet users, to transfer their assets to a new wallet created with a fresh seed phrase to prevent further losses. DCENT stated that it has collaborated with Korean law enforcement, security experts, and exchanges to trace the funds and request their freezing.