🚨 $MORPHO SEES $2.3M DRAIN AS ON-CHAIN EXPOSURE SHAKES INSTITUTIONAL CONFIDENCE! 🔻
🔍 On-chain forensic flows reveal 973,000 $MORPHO tokens were siphoned across two institutional wallets via EIP-7702 delegation exploits before routing directly into privacy protocols. This follows a related $3.5M drain from October 9 tied to the same institutional cluster, flashing major red flags across smart money custody.
🌊 When size players get compromised, forced liquidations and heightened sell-side pressure often test spot liquidity pools until the dust settles. 💬 How do you expect order books to absorb this sudden overhead risk? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MORPHO #CryptoSecurity #OnChainData #DeFi
🦈 📉
🔍 On-chain forensic flows reveal 973,000 $MORPHO tokens were siphoned across two institutional wallets via EIP-7702 delegation exploits before routing directly into privacy protocols. This follows a related $3.5M drain from October 9 tied to the same institutional cluster, flashing major red flags across smart money custody.
🌊 When size players get compromised, forced liquidations and heightened sell-side pressure often test spot liquidity pools until the dust settles. 💬 How do you expect order books to absorb this sudden overhead risk? 👇
⚠️ Not financial advice. Always manage your risk. 🛡️
🏷️ #MORPHO #CryptoSecurity #OnChainData #DeFi
🦈 📉