Liquid Network: 4000 BTC Withdrawn From Federation Wallet

Liquid Network suffered a major security incident when nearly 4000 BTC valued at $320M exited its Federation wallet, leaving roughly 207 BTC or 5% of prior reserves intact.

The attacker posted an on-chain message declaring whitehat intentions and inviting contact, yet Liquid has not verified any ethical-hacker status and immediately halted the sidechain pending review of its BTC peg-out system.

With BTC trading at $79667.78 inside the Bollinger Bands, price tests upper resistance at $81143.31 while the 50-EMA at $79021.07 and 200-EMA at $73564.7 continue to anchor the bullish structure; the neutral RSI at 50.92 paired with the MACD death cross at 251.48 signals short-term volatility exhaustion that could drive a measured retracement toward the 50-EMA support before any sustained continuation, shaping near-term BTC price prediction and Bitcoin sidechain security outlooks amid ongoing crypto market crash concerns.