More than $94.5 million vanished directly from Ledger cold wallets, long considered the safest vaults for whales.
On-chain data shows hackers tampered with hardware chips through an authorized reseller, draining between $93.2 million and $94.5 million, mostly in USDT. Tether managed to freeze $10 million—but the remaining $81 million is being moved through anonymity protocols and has yet to be recovered.
This shock is about more than just lost money—it strikes at whales’ confidence in self-custody. When the big players hunker down defensively, market depth thins quickly, creating ideal conditions for two-sided liquidity hunts with sharp wick-sweeping candles.
At the time of writing, $BTC around $83,164.10, while $ETH is at $2,539.05—demand is clearly cautious. I’m reducing leverage and waiting to see how the whale wallets react before making any new moves.
Are you choosing LONG or SHORT on $BTC in this zone? Tap $BTC below to check out the chart with me! 👇
#Bitcoin #BTC #Crypto #Tether
On-chain data shows hackers tampered with hardware chips through an authorized reseller, draining between $93.2 million and $94.5 million, mostly in USDT. Tether managed to freeze $10 million—but the remaining $81 million is being moved through anonymity protocols and has yet to be recovered.
This shock is about more than just lost money—it strikes at whales’ confidence in self-custody. When the big players hunker down defensively, market depth thins quickly, creating ideal conditions for two-sided liquidity hunts with sharp wick-sweeping candles.
At the time of writing, $BTC around $83,164.10, while $ETH is at $2,539.05—demand is clearly cautious. I’m reducing leverage and waiting to see how the whale wallets react before making any new moves.
Are you choosing LONG or SHORT on $BTC in this zone? Tap $BTC below to check out the chart with me! 👇
#Bitcoin #BTC #Crypto #Tether