Ethereum Wallets Targeted in Attack, Over $107,000 Stolen
- Attack Overview: According to blockchain investigator ZachXBT, hundreds of Ethereum Virtual Machine-compatible wallets have been drained since late December, with losses exceeding $107,000 and individual victims losing under $2,000, highlighting the extensive and covert nature of the attacks.
- Asset Distribution: The attacker has funneled assets into the address 0xAc2e…ad8Bf9bFB, accumulating approximately $54,655 from Ethereum, which accounts for 51% of the total balance, indicating significant vulnerabilities within the Ethereum network during this incident.
- Trust Wallet Vulnerability: This attack is linked to the “Shai-Hulud” supply chain attack on Trust Wallet's Chrome extension, which prompted about one million users to update to a secure version, reflecting major security concerns within the crypto industry.
- Phishing Tactics: Analysis suggests that the attacker may have used fake MetaMask emails to trick users into revealing their wallet seed phrases, further underscoring the need for enhanced security measures and user education in protecting crypto assets.
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Technical Analysis for ETH
Technical Sentiment Analysis for Ethereum (ETH) As of , Ethereum (ETH) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ETH 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, ETH 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 $-.
Ethereum (ETH) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 734.226 | 1241.013 | 1701.066 | 2207.853 | 2667.906 | 3174.693 | 3634.746 |
| Fibonacci | 1241.013 | 1610.346 | 1838.52 | 2207.853 | 2577.186 | 2805.36 | 3174.693 |
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