When a Layer 1 that once competed with Ethereum declares it will "shut down," how will smart money and whales act before the deadline?
Harmony's surprise proposal to stop blockchain operations and return to being an ERC-20 token on $ETH is a major warning sign for $ONE holders. After the incident involving the creation of 4 billion tokens $ONE (accounting for 26% of total supply) and the $100 million hack in the past, the team's decision to step back in the face of security threats from $AI shows that the challenge of maintaining the network has gone beyond control.
From a flow perspective, whales and liquidity providers will never stand still. The asset withdrawal deadline is 10/09/2026, and the biggest risk lies in the fact that balances in DEX pools or dApps will not be snapshotted automatically. Large players are certainly scrambling to drain liquidity from the ecosystem to preserve capital, pushing late investors into the risk of being severely stuck with assets.
Amid this volatility, prioritizing risk management and independently reviewing your personal wallet (DYOR) is always more important than any hope of buying the bottom.
What do you think of this price level for $ONE — an opportunity or a risk? Check the chart $ONE below! 👇
#Harmony #ONE #Ethereum #Altcoin
Harmony's surprise proposal to stop blockchain operations and return to being an ERC-20 token on $ETH is a major warning sign for $ONE holders. After the incident involving the creation of 4 billion tokens $ONE (accounting for 26% of total supply) and the $100 million hack in the past, the team's decision to step back in the face of security threats from $AI shows that the challenge of maintaining the network has gone beyond control.
From a flow perspective, whales and liquidity providers will never stand still. The asset withdrawal deadline is 10/09/2026, and the biggest risk lies in the fact that balances in DEX pools or dApps will not be snapshotted automatically. Large players are certainly scrambling to drain liquidity from the ecosystem to preserve capital, pushing late investors into the risk of being severely stuck with assets.
Amid this volatility, prioritizing risk management and independently reviewing your personal wallet (DYOR) is always more important than any hope of buying the bottom.
What do you think of this price level for $ONE — an opportunity or a risk? Check the chart $ONE below! 👇
#Harmony #ONE #Ethereum #Altcoin
