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The attacker behind the Drift Protocol exploit has started laundering the stolen funds through Tornado Cash. 5,800 ETH (~$11.14M) was moved in the first 20 minutes.
In the April attack, assets taken from the Solana-based perpetual DEX were bridged to Ethereum and converted to 129,066 ETH (~$278M) at an average of $2,154. After sitting untouched for three months, the laundering process started today.
This $285M incident is one of the biggest exploits of 2026. The 129,066 ETH in the attacker's hands could create significant selling pressure if the laundering pace accelerates and funds reach exch
DRIFT-1.57%
ETH0.27%
SOL0.10%
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GasFeeMadman:
What’s truly terrifying isn’t money laundering itself, but the fact that once these 129k ETH are converted into stablecoins, the entire market’s liquidity will be drained.
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With long sleeves and graceful moves, one is good at making money; with abundant wealth, one is good at doing business—money doesn’t enter the fast lane. (Fast is slow; slow is fast.) #Ethereum $ETH
ETH0.27%
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TianGenYueKu:
“Those who achieve great things rely on human effort for half, and on destiny for half.” Without advance planning and preparation, you cannot win in war. (For all matters, if you plan ahead, you will succeed; if you do not plan, you will fail.)
Market updates of BTC
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$SNDK The storage sector has entered a phase of structural differentiation. In the short term, remarks from the management at SK Hynix have triggered profit-taking and oscillation in the sector, but the medium- to long-term “data storage must-have” logic brought by AI compute demand has not been overturned.
SanDisk’s main business is NAND flash, which benefits deeply from the expansion in demand for AI servers and high-capacity SSDs. Multiple leading investment banks’ latest views are clear: the shortage landscape for storage chips is expected to persist, and chip prices in the third quarter s
BANK64.52%
DEXE-21.73%
SNDK4.84%
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SNDKUSDT
Long
Cross 50X
Return %
+148.6%
Entry Price(USDT)
1,557.33
Mark Price(USDT)
1,602.78
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$LAB Keep pushing, take profit at 0.165
LAB2.51%
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$ZEC I have no choice but to step in.
ZEC-0.15%
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$BTC $ETH Afternoon analysis
BTC and ETH走势同步, a strong bearish engulfing candle in the afternoon directly smashed through the moving averages. Now the price is sitting below the moving averages under pressure. The rebound strength is weak. The highs are stepping lower step by step—classic “cap-the-head”行情.
The bulls can’t hold up and the sell pressure has broken down and dropped. This rebound now is only a temporary repair after a bigger selloff; it’s hard to pull it back directly. Rebound while following the trend is safer. Bottom-picking should only be a small-sized bet for a short-term rebo
BTC-0.53%
ETH0.27%
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Holy shit! Earlier in the HQ they were shouting “$CL is going crazy,” and now it’s going 100x long + 1241% before you know it! I opened at 78.96, and now it’s at 89.50—this move, I’ve got it locked down tight!
MACD golden cross + bullish moving averages—technically it says “just charge ahead.” The fundamentals are also not holding anyone back.
You should’ve known this is a “wealth freedom express lane”—now the car’s already been driven to Mars!
If you board now, you can still catch a bit of the exhaust; if you’re late, all you’ll have left is kicking up dust! $BTC #GOOGL财报亮眼但盘后跌超3%
CL1.94%
BTC-0.53%
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market update
gate liveLIVE
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#BTCBreaks66000
#BTCBreaks66000
Bitcoin has reclaimed the 66,000 dollar level, marking another important milestone for the cryptocurrency market. Breaking through this psychological resistance reflects renewed investor confidence and growing market momentum. While a single price level does not confirm a long-term trend, it often attracts increased attention from traders, institutions, and long-term investors.
The move above 66,000 suggests that buying pressure has strengthened after a period of consolidation. Rising trading activity and improving market sentiment indicate that participants ar
BTC-0.51%
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AirdropOrganizer:
66k is a psychological threshold; after breaking it, market sentiment clearly improves. However, based on on-chain data, short-term holders are starting to realize substantial profits, which may trigger selling pressure. It’s recommended to watch whether trading volume can continue to hold up; if prices rise while volume shrinks, be careful. For long-term players, it’s still possible to DCA at this level.
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JUST IN: South Korea’s youth unemployment worsens, with graduates out of work for over a year making up nearly half and unemployment hitting a 21-year high. Market implication: macro risk off pressures could weigh on risk assets in Asia. $KORX (contextual: if relevant)
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Starship is planning to launch at 6:45 a.m. tomorrow morning.
Get up early and see $SPCX put on a show.
A successful launch would be uneventful—nothing good, nothing bad.
The stock price may bounce back a little in the short term.
If it sets off a big fireworks display, it could directly cause panic.
It may even drop below 100 directly.
SPCX-6.63%
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Just wait for me to get out this big bull run.
I’m going to short it hard. It’s still holding strong at around the 6.5 level.
It only dropped a few hundred points, and below that there are already plenty of bullish opportunities—both the 15-minute and 1-hour charts are showing bullish hidden divergence. Now the price has also come back above the 4-hour moving average support.
If I can’t hold this move, then it’ll still take a bit more time to reach my 68k. I’ll set the order to break even; the rest is up to time.
BTC-0.53%
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$ETH Signal】Go long + 1H oversold bounce, clear deep support
$ETH 1H RSI touched 45.47; the 4H Bollinger lower band at 1876 was not reached. The bid depth ratio is 1.59, and the funding rate is -0.0034% (negative). Short-side costs are continuing to accumulate. The current price 1920.96 is tightly hugging the 1H lower band; orders are densely clustered around 1915 below, with active buy-side absorption.
🎯 Direction: Go long
⚡ Entry/Order placed: 1920.96
🛑 Stop loss: 1901.75
🚀 Target 1: 1949.77
🚀 Target 2: 1964.18
🛡️ Trade management:
- Execution plan: After reaching Target 1, reduce pos
ETH0.27%
GOOGL-1.45%
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I only meant to take a quick look at the chart, but the shorts went ahead and wrote the answer for me. A few nights ago, the price kept pushing higher on the screen, and $CYS looked really active. In reality, every time it went up, there was no real follow-through, and the volume never truly caught up. I kept watching CYS chop around at the high level without moving, and judged that this looked more like rebound consumption, not a real breakout. So I executed a long around 0.5173, waiting for the pullback after it failed to break through.
Now the price is at 0.301. This short position is show
CYS-0.63%
BTC-0.53%
ETH0.27%
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JUST IN: Drift Protocol hacker has reactivated, moving ETH through Tornado Cash in batches of 100 ETH, with near-minute transfers after ~3 months dormant. Could signal renewed obfuscation of liquidity and potential for further on-chain anonymity moves. $ETH
DRIFT-1.57%
ETH0.27%
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An English weekly report from 9 years ago—time seems like it stopped right here.
Hope that in another parallel universe, there’s no rap.
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US investors are buying Bitcoin again: ETFs have attracted $439M so far this week.
The Coinbase discount has persisted for 78 days, but it is narrowing. Pressure is easing faster than demand is returning.
bitcoin:native Morning Brief #219 - what will confirm the reversal 👇
BTC-0.80%
COIN-5.57%
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#XAU Once gold breaks below the lower edge of the triangle trend line, it could accelerate the sell-off 📉
XAU-0.56%
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