Quick answer: The BloomTrading wallet drain on Oct. 26, 2026, moved about 9,408 SOL (roughly $954,000) from 49 wallets of Bloom Telegram bot users to one address, per Onchain Lens. Bloom says the wallets belong to 9 users, has paused some services and pledged full refunds. The root cause is unconfirmed.
The BloomTrading wallet drain hit Solana traders in the early hours of Monday, Oct. 26, 2026. About 9,408 SOL, worth roughly $954,000, left 49 wallets and landed in a single suspected drainer address, according to blockchain tracker Onchain Lens. Every affected wallet had been used with Bloom, a popular Telegram trading bot.
Bloom says it will repay every confirmed victim in full. But it has not yet explained how the attacker got in, so anyone who uses a trading bot should act now.
What happened in the BloomTrading wallet drain?
First, warnings spread on X at about 01:35 UTC on Oct. 26, when traders posted “mass drain happening” alerts and urged others to move funds. Trader account Inside Calls counted 48 drained wallets by 02:39 UTC and noted that all of them had used Bloom at some point.
At 04:26 UTC, Onchain Lens put numbers on it:
- 9,408 SOL (about $954,000) sent from 49 wallets to one suspected drainer address.
- 1,636 SOL (about $166,000) as the largest single loss.
- Final losses “might be much higher,” the tracker warned.
However, the attack looked selective. Several victims said only SOL was taken, while six-figure USDC balances in the same wallets were left alone. Trader Domy told crypto.news that three of their wallets lost about 800 SOL combined.
Is it 49 victims or 9?
Both numbers are being quoted, and they describe different things. Onchain Lens counted 49 wallets. Bloom replied to Coin Bureau at 06:05 UTC that “the 49 affected wallets belong to 9 individual users, not 49 separate victims.” Meanwhile, some people on X say they lost funds but are not on Bloom’s list, so the count may change.
Will the BloomTrading wallet drain be refunded?
Bloom has made three commitments in posts on X between 04:37 and 06:20 UTC on Oct. 26:
- Full reimbursement. “Bloom will fully reimburse all funds lost by the 9 affected wallets, directly to new, secure wallets designated by their respective owners,” the team wrote, adding that no community relief fund is needed.
- An open investigation. Bloom says the root cause “has not yet been confirmed” and that it is checking whether a third-party provider was compromised.
- No exit scam. “This is not an exit scam,” the team posted, saying it has been building software since 2018.
According to Crypto Briefing, Bloom also paused some services as a precaution. As of 08:00 UTC, Bloom had not shared a payment date or a final loss figure.
Why are Telegram trading bots risky?
Bots like Bloom trade fast because they can sign transactions for you. To do that, the bot either creates a wallet and keeps its private key or asks you to import one. Either way, whoever controls the bot’s systems can, in principle, move your coins.
As a result, the drain matters beyond one app. Early on-chain reviews said each transfer was signed with the wallet’s own key, which points to exposed keys rather than a bug in Solana itself. This has not been confirmed. It fits a busy week for wallet security, after CoinDCX admitted a $15.99 million USDT loss and a Keystone data breach exposed buyers’ home addresses.
What should users do after the BloomTrading wallet drain?
- Create a brand-new wallet with a new seed phrase and move funds there.
- Do not reuse any key you ever pasted into a bot. Disconnecting the bot does not cancel a leaked key.
- Keep only small trading balances in bot wallets and hold savings in a hardware or self-custody wallet.
- Ignore direct messages offering “refund help”; Bloom says support runs through tickets on its Discord.
Does the BloomTrading wallet drain affect the SOL price?
Not much so far. For example, SOL traded at about $100.62 at 07:54 UTC on Oct. 26, down 1.0% in 24 hours, per CoinGecko. Track it on our Solana price page. The bigger risk is trust: memecoin traders on Solana lean heavily on bots, and a confirmed breach could push volume toward rivals.
BloomTrading Wallet Drain FAQ
How much was stolen from BloomTrading users?
About 9,408 SOL, worth roughly $954,000, moved from 49 wallets to one suspected drainer address on Oct. 26, 2026, per Onchain Lens. The largest single loss was 1,636 SOL, about $166,000.
Will BloomTrading refund the victims?
Yes, Bloom says it will fully reimburse all confirmed affected users by sending funds to new wallets they choose. As of Oct. 26, 2026, it had not announced a payment date.
Was Bloom hacked or was it an exit scam?
The cause is unconfirmed. Bloom denies an exit scam and says it is investigating, including whether a third-party provider was compromised.
Is it safe to use Bloom bot now?
Bloom has paused some services. Until it publishes a root cause, move funds out of any wallet linked to it.
Not financial advice. Crypto is volatile; always do your own research (DYOR).
