Someone just created $4B worth of $ONE out of thin air. Harmony was exploited after an attacker found a way to mint roughly 4 billion ONE through empty blocks. That's about 26% of the token's circulating supply appearing without anyone buying it, earning it, or putting capital into the system. Then roughly 2.8 billion ONE was pushed toward exchanges. The result was brutal: ONE dropped as much as 40% and hit a new low. That's the part people miss when they call something a "whale dump." A whale selling 4 billion dollars' worth of an asset needs to have that asset first. Here, the attacker effectively created the supply and sold it into the market. There was no wall of buyers waiting for that kind of dilution. And this happened while $BTC was hovering around $64K, with the market already waiting on U.S. inflation data. Altcoins didn't need another reason to get nervous. This is why I pay attention to token mechanics, not just charts. A token can look healthy right up until someone finds a way to change the rules underneath it. #BTC Price Analysis# #Macro Insights# #ONE