THORChain Hit by $10 Million Hack Targeting Cross-Chain Liquidity
- Hack Losses: On May 15, 2026, THORChain suffered a hack resulting in approximately $10 million in cryptocurrency losses, targeting BTC, ETH, BNB Chain, and Base blockchains, indicating an alarming trend of increasing boldness among crypto hackers.
- Asset Transfer Details: According to PeckShield, the hackers swiftly transferred stolen assets within a 13-14 hour window, including about 36.85 BTC (approximately $2.97 million) and over 3,156 ETH (around $7.11 million), suggesting a well-planned attack strategy.
- RUNE Price Decline: The hack triggered an 11.32% drop in THORChain's native token RUNE within 24 hours, currently valued at $0.5146 with a market cap of $180.52 million and a daily trading volume of $24.49 million, reflecting panic selling among investors.
- Market Reactions: While RUNE faced significant losses, other stolen cryptocurrencies remained relatively stable, with BTC rising by 2.61% in the past 24 hours, indicating a divergence in market reactions to different assets amidst ongoing security concerns.
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Technical Analysis for RUNE
Technical Sentiment Analysis for THORChain (RUNE). As of , THORChain (RUNE) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 7 technical signals, shows that 3 indicators are flashing buy, while 4 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for RUNE 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 crypto.
Support, Resistance & Moving Averages. From a structural perspective, RUNE 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 $-.
THORChain (RUNE) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.371 | 0.435 | 0.51 | 0.574 | 0.649 | 0.713 | 0.788 |
| Fibonacci | 0.435 | 0.488 | 0.521 | 0.574 | 0.627 | 0.66 | 0.713 |
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