Makina Recovers 920 ETH Post-Exploit via Whitehat Process
- Successful Fund Recovery: Makina has successfully recovered approximately 920 ETH through the SEAL Whitehat Safe Harbor program, demonstrating its effectiveness in addressing the January 2026 exploit and enhancing user confidence in its security measures.
- Ongoing Focus on Remaining Funds: There are still 276 ETH linked to a Rocket Pool validator address, indicating Makina's continued commitment to security and further fund recovery efforts, reflecting its dedication to protecting user assets.
- Significant Market Impact: The incident initially caused a loss of $5.1 million in the DUSD/USDC Curve pool; however, Makina's efforts ensured that DUSD holders and various positions within its platform remained unaffected, minimizing broader market disruption.
- Security Mechanism Response: The exploit leveraged price manipulation, draining approximately 1,299 ETH (around $4.2 million), highlighting the scrutiny faced by decentralized finance projects while underscoring the critical role of whitehat hackers in ensuring the security of DeFi systems.
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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 | 0.0454 | 0.0674 | 0.0891 | 0.111 | 0.133 | 0.155 | 0.177 |
| Fibonacci | 0.0674 | 0.0841 | 0.0944 | 0.111 | 0.128 | 0.138 | 0.155 |
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