Ostium: OLP Vault Drained of $24M USDC
Ostium public OLP vault loses $24M USDC to exploiter who converts to 12.08K ETH and sends 10,540 ETH to TornadoCash from Bybit-funded wallet.
SourceAnalysis
Ostium public OLP vault lost roughly $24M USDC in a single exploit. The attacker converted the funds into 12.08K ETH and routed 10,540 ETH into TornadoCash, with initial funding traced to a wallet seeded by 1 ETH each from ChangeNow and Bybit.
ETH trades at $1915.28 inside its Bollinger band on the 4h chart. Price tests the upper band resistance at $1961.89 while RSI sits at 69.06, suggesting near-term exhaustion. A measured pullback toward the EMA50 support at $1814.92 remains the highest-probability path before any continuation higher, with the EMA200 at $1763.32 providing deeper structural backing.
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