$RUNE Will you watch for this turnaround?
On 9/26, after Bitget revised its losses upward to about $387.5 million, its CEO publicly called out THORChain: the attacker’s address has been made public, so please refuse service. THORChain’s official response that same day was blunt—like BTC, ETH, and BNB Chain, we’re a permissionless network. Then what responsibility should those chains bear?
The futures market is also in sync with the agitation: the RUNEUSDT perpetual contract trades at 0.796, up about +20.3% in 24h, with trading volume around 51.52 million U and open interest around 10.9 million RUNE, ≈8.69 million U. Market cap is about $261 million, and over the past 7 days it’s risen nearly 50%.
My take: this feels more like a sentiment-driven move—whether decentralization can actually hold the line—rather than fundamentals suddenly improving. The narrative is explosive, but if leverage builds up, you still have to guard against a pullback.
What do you think about this abnormal volatility from $RUNE ? Feel free to comment and chat.
On 9/26, after Bitget revised its losses upward to about $387.5 million, its CEO publicly called out THORChain: the attacker’s address has been made public, so please refuse service. THORChain’s official response that same day was blunt—like BTC, ETH, and BNB Chain, we’re a permissionless network. Then what responsibility should those chains bear?
The futures market is also in sync with the agitation: the RUNEUSDT perpetual contract trades at 0.796, up about +20.3% in 24h, with trading volume around 51.52 million U and open interest around 10.9 million RUNE, ≈8.69 million U. Market cap is about $261 million, and over the past 7 days it’s risen nearly 50%.
My take: this feels more like a sentiment-driven move—whether decentralization can actually hold the line—rather than fundamentals suddenly improving. The narrative is explosive, but if leverage builds up, you still have to guard against a pullback.
What do you think about this abnormal volatility from $RUNE ? Feel free to comment and chat.
