Bitget tracked the stolen funds all the way to THORChain’s doorstep. The hacked money has to be frozen in place, while $RUNE itself first rallied.
Bitget published the attackers’ addresses and formally sent a letter instructing THORChain to refuse services to those addresses. The CEO’s exact words were that decentralization shouldn’t be used as a shield to launder stolen proceeds. What’s interesting is that $RUNE spot orders ran up with 3.4 times the volume to gain 11 points, and open interest in the perpetuals reversed and increased by 4.9% over 24 hours. The large traders’ long-vs-short accounts ratio climbed from 1.93 to 2.05. Once the news came out about pursuing the stolen funds for its own people, the leveraged money got on the train first.
More specifically, this pursuit isn’t easy: the $30 million that was hacked will most likely keep rotating through pools to launder it, and the privacy-coin “shielding pool” is still the old exit. On the other side, an early giant whale dumped 30,000 $AAVE tokens over two days at an average price of 147—bringing in about $4.4 million in cash. When Ethereum breaks below 2700, this kind of cash-out is a statement of intent.
On the commodities side, WTI closed at 94.3 up 2%, Brent at 98.96. In Asian trading, oil prices started pushing higher again. Gold at 4288 was flat, down 0.4%; silver at 64.24 was down 1%. This time, it’s oil that’s surging alone—market expectations for inflation are being pinned entirely on oil. Gold isn’t moving, as if they think there’s still a chance that a ceasefire holds.
Whether THORChain will accept this letter will be answered tomorrow.
#安全事件 $RUNE $XAU
Bitget published the attackers’ addresses and formally sent a letter instructing THORChain to refuse services to those addresses. The CEO’s exact words were that decentralization shouldn’t be used as a shield to launder stolen proceeds. What’s interesting is that $RUNE spot orders ran up with 3.4 times the volume to gain 11 points, and open interest in the perpetuals reversed and increased by 4.9% over 24 hours. The large traders’ long-vs-short accounts ratio climbed from 1.93 to 2.05. Once the news came out about pursuing the stolen funds for its own people, the leveraged money got on the train first.
More specifically, this pursuit isn’t easy: the $30 million that was hacked will most likely keep rotating through pools to launder it, and the privacy-coin “shielding pool” is still the old exit. On the other side, an early giant whale dumped 30,000 $AAVE tokens over two days at an average price of 147—bringing in about $4.4 million in cash. When Ethereum breaks below 2700, this kind of cash-out is a statement of intent.
On the commodities side, WTI closed at 94.3 up 2%, Brent at 98.96. In Asian trading, oil prices started pushing higher again. Gold at 4288 was flat, down 0.4%; silver at 64.24 was down 1%. This time, it’s oil that’s surging alone—market expectations for inflation are being pinned entirely on oil. Gold isn’t moving, as if they think there’s still a chance that a ceasefire holds.
Whether THORChain will accept this letter will be answered tomorrow.
#安全事件 $RUNE $XAU