Hacker Steals $27.3M via Compromised Multi-Sig Wallet
- Security Breach Exposed: A hacker successfully compromised a multi-signature wallet, stealing assets totaling $27.3 million, which reveals that even high-security wallets are vulnerable, potentially undermining user confidence in digital asset security.
- Money Laundering Tactics: The hacker laundered $19.4 million in Ethereum (ETH) through Tornado Cash, highlighting the role of decentralized privacy tools in obscuring illicit transactions and sparking further debate on blockchain transparency and regulation.
- High-Risk Investments: Despite laundering a significant portion of the stolen funds, the hacker still holds $9.75 million in leveraged long positions, indicating a bet on rising ETH prices, which adds complexity and risk to their trading activities.
- Ongoing Tracking Challenges: As investigators and on-chain analysts continue to trace the movement of funds, this incident underscores the persistent challenges in securing digital assets, particularly in a complex trading environment, which could impact the overall security of the blockchain ecosystem.
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Technical Analysis for AAVE
Technical Sentiment Analysis for Aave (AAVE) As of , Aave (AAVE) 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 AAVE 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, AAVE 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 $-.
Aave (AAVE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 37.329 | 64.79 | 92.879 | 120.34 | 148.429 | 175.89 | 203.979 |
| Fibonacci | 64.79 | 86.01 | 99.12 | 120.34 | 141.56 | 154.67 | 175.89 |
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