SecondFi: Retains 129.27M ADA in White Hat Move
SecondFi holds 129.27 million ADA after white hat intervention as on-chain tracing by @ItsDave_ADA reveals emergency address rather than attacker flow.
SourceAnalysis
SecondFi executed a white hat intervention that retained 129.27 million ADA to halt further losses, according to fresh on-chain analysis from @ItsDave_ADA. The address previously flagged as a potential attacker wallet was in fact an emergency consolidation point funded directly from Binance, which explains the rapid movement out of affected accounts that initially looked like live draining.
Price action on the 4h chart shows ADA trading at $0.15 inside the Bollinger Bands with the lower support exactly at current levels while the upper resistance sits at $0.17. The EMA50 at $0.16 and EMA200 at $0.19 act as stacked resistance overhead, and the MACD death cross combined with RSI at 29.04 signals oversold conditions that often precede short-term bounces toward the 50-EMA before any sustained recovery. This technical confluence suggests any relief rally from the white hat news will likely stall at $0.16 before testing lower again.
Dave
@ItsDave_ADACardano ecosystem contributor operating the DAVE Stake Pool and serving as a DRep in network governance.