I have an old group friend I’ve known for two years. His nickname is “Old Hunter.” We aren’t really familiar in person, and he doesn’t talk much in everyday life. This afternoon he privately messaged me: “Cleared out—don’t touch RUNE. If something goes wrong.” I asked him what issue he meant, and he said that in the Bitget hack incident, some of the stolen funds were routed through THORChain. The GoPlus Security team specifically called it out, and he also compared RUNE to decentralized chains like BTC and ETH, saying it doesn’t deserve to be called decentralized at all.
Old Hunter said he didn’t wait for explanations—he was leaving first.
Why do I trust him? Because back in 2019, when I cut my losses and ran, he was still holding on. In the end, he lost about half as much as I did. When he said he was going to leave, that basically meant something wasn’t right.
I’ve also been looking at RUNE’s chart myself: over the past 24 hours it’s down 4.1%, yet over the past 7 days it’s actually up 20.3%. The 53% midpoint, trading volume has dropped to just 0.6 times the average volume. This move is really strange—after a sudden spike upward, it starts slumping with shrinking volume, like it’s basically digesting what was pumped in the earlier wave. My plan is as follows: my position isn’t heavy to begin with. I’ll play dead—no adding, no reducing. If volume keeps falling, I won’t be able to catch the rebound anyway. If the price truly breaks the level, I’ll withdraw in batches.
As for how THORChain defends itself, I don’t care—I only care where the funds are going. $RUNE
#rune
Old Hunter said he didn’t wait for explanations—he was leaving first.
Why do I trust him? Because back in 2019, when I cut my losses and ran, he was still holding on. In the end, he lost about half as much as I did. When he said he was going to leave, that basically meant something wasn’t right.
I’ve also been looking at RUNE’s chart myself: over the past 24 hours it’s down 4.1%, yet over the past 7 days it’s actually up 20.3%. The 53% midpoint, trading volume has dropped to just 0.6 times the average volume. This move is really strange—after a sudden spike upward, it starts slumping with shrinking volume, like it’s basically digesting what was pumped in the earlier wave. My plan is as follows: my position isn’t heavy to begin with. I’ll play dead—no adding, no reducing. If volume keeps falling, I won’t be able to catch the rebound anyway. If the price truly breaks the level, I’ll withdraw in batches.
As for how THORChain defends itself, I don’t care—I only care where the funds are going. $RUNE
#rune
