EchoProtocol: $76.7M eBTC Minted in Monad Hack
EchoProtocol hack on Monad minted 1k $eBTC ($76.7M) with $WBTC borrowed via Curvance; WBTC price at $76981 shows bearish 4h structure.
SourceAnalysis
EchoProtocol on Monad lost control after an attacker minted 1k $eBTC worth $76.7M, deposited 45 $eBTC into Curvance, borrowed 11.29 $WBTC valued at $867.7K, and bridged the funds to Ethereum.
WBTC trades at $76981 inside its Bollinger band with the 4h MACD locked in a death cross at -751.76 and price pinned below the EMA50 resistance of $78655.29, setting up a direct test of the lower band support at $76085.98 before any rebound materializes in this WBTC price prediction window.
PeckShieldAlert
@PeckShieldAlertPeckShield is a prominent blockchain security firm that provides comprehensive solutions aimed at safeguarding the blockchain ecosystem.
Premium Sponsors
.jpg)