The Drift Protocol attacker deposited another 18,800 ETH into Tornado Cash, worth about $46 million…
After a security incident, prices usually go through three stages:
1) Panic: As the news spreads, selling pressure is at its most intense;
2) Assessment: How large the losses are relative to the project, and whether the stolen funds will enter the market;
3) Recovery: The team’s compensation plan determines whether confidence can return.
$ETH is currently trading at 2452.02, up 2.58% over 24 hours. Don’t rush to buy the dip—wait until the second stage becomes clearer.
Markets carry risks. Trade with caution.
After a security incident, prices usually go through three stages:
1) Panic: As the news spreads, selling pressure is at its most intense;
2) Assessment: How large the losses are relative to the project, and whether the stolen funds will enter the market;
3) Recovery: The team’s compensation plan determines whether confidence can return.
$ETH is currently trading at 2452.02, up 2.58% over 24 hours. Don’t rush to buy the dip—wait until the second stage becomes clearer.
Markets carry risks. Trade with caution.