$NIGHT just ripped 28% in 24 hours.
The reason. Exchanges moved fast and froze wallets tied to the 13 million dollar Wanchain bridge exploit. That action cooled the panic and opened the door for new money to flow back in.
The network itself was never compromised. It stayed secure through the whole thing. That gave traders confidence to buy the dip.
But we’re not out of the woods yet. The stolen supply is still out there and could show up on DEXs. The bridge is still offline. And RSI had already hit 90 before this bounce, so it was running hot.
This is a strong recovery, no doubt. But the real risk now is supply pressure. If those funds move, it could get messy again.
$NIGHT is showing strength. Now we watch how they handle the rest of the fallout.
The reason. Exchanges moved fast and froze wallets tied to the 13 million dollar Wanchain bridge exploit. That action cooled the panic and opened the door for new money to flow back in.
The network itself was never compromised. It stayed secure through the whole thing. That gave traders confidence to buy the dip.
But we’re not out of the woods yet. The stolen supply is still out there and could show up on DEXs. The bridge is still offline. And RSI had already hit 90 before this bounce, so it was running hot.
This is a strong recovery, no doubt. But the real risk now is supply pressure. If those funds move, it could get messy again.
$NIGHT is showing strength. Now we watch how they handle the rest of the fallout.