$1M Moonwell Exploit Reveals Significant Oracle Weaknesses in DeFi Protocols
Moonwell Exploit Details: On November 4, 2025, the decentralized finance platform Moonwell suffered a $1 million exploit due to vulnerabilities in its oracle price feeds, allowing attackers to manipulate prices and drain funds through flash loans.
Recurring Security Issues: This incident marks the fourth major security breach for Moonwell in three years, following previous attacks that resulted in significant financial losses, raising concerns about the platform's security infrastructure.
Market Reaction: Following the exploit, Moonwell's WELL token dropped 13.5% in a day, reflecting investor unease and overshadowing the platform's recent record-breaking fee revenues, which had previously indicated strong borrowing demand.
Broader DeFi Security Concerns: The exploit highlights ongoing vulnerabilities in decentralized finance, particularly related to oracle manipulation and flash loan attacks, amidst a series of significant hacks across the sector that collectively erased over $222 million from DeFi protocols.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for WELL
Technical Sentiment Analysis for Moonwell (WELL) As of , Moonwell (WELL) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for WELL stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, WELL is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Moonwell (WELL) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
About WELL
About the author
