# 19 Million THEO Minted on Base and Swapped for $1.76 Million in Ether

By Simon Yoon

Canonical URL: https://www.tokenpost.com/news/technology/30966
Published: 2026-10-13T09:09:01.000Z
Updated: 2026-10-13T09:09:01.000Z
Section: Technology

> The newly created tokens were exchanged for 700.8 ETH, which moved from Base to Ethereum. THEO fell 92% over the past 24 hours.

Nineteen million THEO tokens were minted on Base and exchanged for about $1.76 million in Ether before the proceeds moved to another network.

The newly created THEO was swapped for 700.8 ETH. The Ether was then bridged from Base to the Ethereum network.

THEO fell 92% over the past 24 hours as the activity unfolded.

The transferred Ether is now on Ethereum.