🚨 $KAVA dropped −51% and made its ALL TIME LOW
What's behind it: • Kava chain flagged a suspected security incident • About 48.36M KAVA (roughly $3.3M) moved to BNB Chain and swapped for BNB on a DEX • The same wallet reportedly still holds about 47.96M KAVA • Upbit, Bithumb and Coinone issued caution warnings, and Bithumb halted deposits and withdrawals
Hack or insider exit? The community is still guessing 👀
Stay away until the team confirms what happened.
#WhatWillDriveCryptoandStocks’NextRebound?
What's behind it: • Kava chain flagged a suspected security incident • About 48.36M KAVA (roughly $3.3M) moved to BNB Chain and swapped for BNB on a DEX • The same wallet reportedly still holds about 47.96M KAVA • Upbit, Bithumb and Coinone issued caution warnings, and Bithumb halted deposits and withdrawals
Hack or insider exit? The community is still guessing 👀
Stay away until the team confirms what happened.
#WhatWillDriveCryptoandStocks’NextRebound?
