Cardano: Community Urged to Trace 60M ADA Attack

Cardano investigator Dave (@ItsDave_ADA) has called on the full ecosystem to trace every transaction linked to an ongoing attack that has already drained 60.39 million ADA across 1,961 separate movements, with the largest outflows hitting 4.26 million ADA and multiple centralized exchanges already alerted. The probe points to initial funding that appears tied to Binance, and Dave has offered full forensic tooling to assist recovery while warning attackers they will face community scrutiny. On the 4h chart, ADA sits exactly at the lower Bollinger Band support of $0.15 with the EMA50 resistance at $0.16 and EMA200 at $0.19 capping any recovery, while the MACD death cross and RSI at 36.36 confirm sustained bearish pressure that could extend toward fresh lows if the attack narrative triggers further selling.