🐋WHALE WATCH: Drift Protocol reportedly exploited for $200M+.

$DRIFT reacting immediately with sharp downside as markets price in risk and uncertainty around the event.
Details are still developing, but large-scale exploits typically trigger liquidity withdrawal, collateral stress, and forced repositioning across related markets.
Expect volatility to remain elevated until more clarity emerges on the scope, affected funds, and protocol response.
Watch for updates from the team and onchain movements.