Echo Protocol: $76M eBTC Minted in Monad Hack

EchoProtocol_ on the Monad chain suffered a fresh exploit that allowed an attacker to mint 1,000 $eBTC worth $76.64M, deposit 45 $eBTC into the Curvance lending protocol, borrow 11.3 $WBTC, bridge and swap into 385 $ETH, then route the proceeds through Tornado Cash.

The attacker still controls 955 $eBTC valued at $73.2M while markets digest the Monad chain exploit and Echo Protocol hack fallout. With ETH price at $2139.05 testing the upper Bollinger Band resistance at $2237.92 while the RSI sits at 37.52 and MACD prints a death cross, price is likely to retest the EMA50 support at $2219 before any sustained recovery attempt.