Just saw a news item: THORChain: User Returns 10 ETH, Restoring Treasury Solvency
Deep Tide TechFlow reports that, according to an official THORChain announcement on November 2, a user returned 10 ETH that had been incorrectly paid out due to an Ethereum block reorganization, restoring the affected treasury's solvency. THORChain said that on October 31, Ethereum experienced a single-block reorganization. The block containing a 10 ETH deposit was discarded, but the protocol had already credited the deposit and proceeded with the swap…
Market view: $ETH is currently at 2,276 (+0.85% over 24h), with a 24h range of 2,248–2,283. The price is near the top of the range, so chasing it here doesn't offer much value. I'd rather see whether there's support around 2,266 on a pullback; a high-volume hold above 2,283 would signal room to move higher, while a drop below 2,266 would mean this rally didn't follow through. For comparison, $BTC is up 0.73% over 24h.
Source: Deep Tide TechFlow
This is only a market update, not investment advice. Be aware of the risks.
#ETH #Crypto News
Deep Tide TechFlow reports that, according to an official THORChain announcement on November 2, a user returned 10 ETH that had been incorrectly paid out due to an Ethereum block reorganization, restoring the affected treasury's solvency. THORChain said that on October 31, Ethereum experienced a single-block reorganization. The block containing a 10 ETH deposit was discarded, but the protocol had already credited the deposit and proceeded with the swap…
Market view: $ETH is currently at 2,276 (+0.85% over 24h), with a 24h range of 2,248–2,283. The price is near the top of the range, so chasing it here doesn't offer much value. I'd rather see whether there's support around 2,266 on a pullback; a high-volume hold above 2,283 would signal room to move higher, while a drop below 2,266 would mean this rally didn't follow through. For comparison, $BTC is up 0.73% over 24h.
Source: Deep Tide TechFlow
This is only a market update, not investment advice. Be aware of the risks.
#ETH #Crypto News
