Watch out for a potential market pullback as hackers begin cashing out their stolen funds. The concern isn't necessarily an immediate dump of everything at once. Rather, there's a substantial $282 million block of assets sitting in the attacker's wallet, waiting to move. Every time a portion of these funds hits the market, it could create downward pressure. The sheer size of this holding means the timing and pace of their liquidation could become a major factor influencing price action in coming days.
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SurvivorshipBias
· 7h ago
282 million poured in, this wave must inevitably fall
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0xLuckbox
· 7h ago
$282 million hanging in the balance, should we buy the dip this time, everyone?
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CexIsBad
· 7h ago
282 million dump... If it's being sold off in batches, we need to prepare ourselves mentally over the next few days.
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GateUser-bd883c58
· 7h ago
2.82 million sell-off warning, now it's a matter of who will run first
Watch out for a potential market pullback as hackers begin cashing out their stolen funds. The concern isn't necessarily an immediate dump of everything at once. Rather, there's a substantial $282 million block of assets sitting in the attacker's wallet, waiting to move. Every time a portion of these funds hits the market, it could create downward pressure. The sheer size of this holding means the timing and pace of their liquidation could become a major factor influencing price action in coming days.