Cardano: Community Tracks 129M Stolen ADA Address
Cardano address addr1qxd39k4peszxlf0x59e88hngpe5u9882y2lyhdzazsq4kfvmztd2rnqyd7j7dgtjw00xsrnfc2ww5g47fw6969qptvjshwxpl3 holds 129.43M ADA stolen funds as @ItsDave_ADA builds live tracker.
SourceAnalysis
Cardano developer @ItsDave_ADA has started coding a live visualization tool to monitor the address addr1qxd39k4peszxlf0x59e88hngpe5u9882y2lyhdzazsq4kfvmztd2rnqyd7j7dgtjw00xsrnfc2ww5g47fw6969qptvjshwxpl3 holding 129.43 million ADA of stolen funds tied to the Emurgo incident, with community members already alerting exchanges including Binance.
Price action on the 4h chart shows ADA at $0.15 inside the Bollinger band with upper resistance at $0.17 while EMA50 at $0.16 and EMA200 at $0.19 define clear overhead resistance in the ongoing bearish structure; MACD death cross reinforces downside momentum even as RSI at 31.52 leaves room for a relief bounce that could test the 50-EMA before any sustained recovery attempt.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.