The Aztec attacker deposited 1,255.8 ETH into Tornado Cash, worth about $3 million.
After a security incident, prices generally go through three stages:
1) Panic: The news spreads and selling pressure builds;
2) Digestion: How significant the losses are relative to the project’s size, and whether the stolen funds will enter the market;
3) Recovery: The team’s response determines whether sentiment can bounce back.
$ETH is currently at 2,390.24, down 1.59% over 24 hours. Don’t rush to judgment—wait until the second stage becomes clearer.
After a security incident, prices generally go through three stages:
1) Panic: The news spreads and selling pressure builds;
2) Digestion: How significant the losses are relative to the project’s size, and whether the stolen funds will enter the market;
3) Recovery: The team’s response determines whether sentiment can bounce back.
$ETH is currently at 2,390.24, down 1.59% over 24 hours. Don’t rush to judgment—wait until the second stage becomes clearer.