Another security incident: The Ledger attacker moved nearly 3,000 ETH through Tornado Cash and Zcash. Related wallets still hold about $38.6 million in ETH and…
If the incident’s impact is limited, its effect on the broader market will generally be limited too. This somewhat bearish development will inevitably weigh on short-term confidence; the long-term impact remains to be seen.
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What I’ve said may not be accurate, so make your own judgment.