Raydium: $1.3M Drained in KuCoin-Funded Exploit
Raydium drained of $1.3M as attacker bridges Solana funds to ETH, deposits 810 ETH to TornadoCash amid bearish ETH price action at $1652.
SourceAnalysis
Raydium suffered a $1.3M crypto drain after an attacker funded via KuCoin bridged assets from Solana to ETH before routing 810 ETH into TornadoCash and 7 ETH to FixedFloat. ETH trades at $1652.22 inside its Bollinger band with upper resistance at $1710.54 while the 50-EMA at $1714.22 and 200-EMA at $1979.59 define the bearish structure; the MACD golden cross at -12.38 offers only mild momentum against neutral RSI at 47.61, suggesting any large mixer inflows could pressure price toward the lower band support at $1608.53 before the next directional move.
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