Crypto whale reportedly loses $27.3M in alleged hacking incident.
Cryptocurrency Whale Hacked: A cryptocurrency whale lost approximately $27.3 million due to a private key compromise of their 1-1 multisignature wallet, with the attacker laundering funds through Tornado Cash.
Attack Details: The attacker gained control of the wallet by becoming the sole signatory and has laundered around $12.6 million in Ether while still holding about $2 million in liquid assets.
Vulnerability of Multisig Wallets: The incident highlights the risks associated with 1-of-1 multisig configurations, which can lead to total loss if a single key is compromised, contrasting with more secure multi-signature setups.
Previous Losses: The whale had previously faced significant losses, withdrawing and staking large amounts of Ether, which compounded their financial difficulties before the latest exploit occurred.
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Technical Analysis for SAFE
Technical Sentiment Analysis for Safe (SAFE) As of , Safe (SAFE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 5 technical signals, shows that 2 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for SAFE 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, SAFE 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 $-.
Safe (SAFE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0452 | 0.0673 | 0.0889 | 0.111 | 0.133 | 0.155 | 0.176 |
| Fibonacci | 0.0673 | 0.084 | 0.0943 | 0.111 | 0.128 | 0.138 | 0.155 |
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