LayerZero: Rebalancing Clarified as Non-Attack
LayerZero executor wallets moved $2.4M in normal rebalancing across BNB Chain, Base, Arbitrum and Ethereum with zero user funds at risk.
SourceAnalysis
LayerZero executor wallets shifted $2.4M across BNB Chain, Base, Arbitrum, Avalanche, Optimism, Mantle, Plasma and Ethereum as routine operational rebalancing, PeckShieldAlert confirmed, with the attacker narrative retracted and no user funds exposed. The funds were bridged to Ethereum and swapped into 956 ETH plus $322K USDC before clarification. ETH trades at $1880.59 inside its Bollinger band with upper resistance at $1904.44 and lower support at $1732.28 while the 50-EMA at $1795.93 and 200-EMA at $1757.88 anchor the bullish structure; MACD golden cross at 24.62 keeps momentum intact and RSI at 68.14 leaves room before overbought pressure, so price may test the upper band before any pullback to the 50-EMA confluence.
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