VerusCoin: Bridge Exploit Nets 5,402 ETH
Verus-Ethereum Bridge drained of 103.6 tBTC, 1.625K ETH and 147K USDC; attacker holds 5,402 ETH worth $11.4M at 0x65Cb8b128Bf6e690761044CCECA422bb239C25F9.
SourceAnalysis
VerusCoin Verus-Ethereum Bridge was drained of 103.6 $tBTC, 1.625K $ETH and 147K $USDC, after which the exploiter swapped everything into 5,402.4 $ETH (~$11.4M) now sitting at 0x65Cb8b128Bf6e690761044CCECA422bb239C25F9.
Price action on the ETH 4-hour chart shows a bearish trend with price at $2115.65 testing lower Bollinger support at $2116.08 while EMA50 at $2243.93 and EMA200 at $2265.46 act as overhead resistance; RSI at 23.0 signals oversold conditions and MACD at -33.03 confirms the death cross, pointing to a probable short-term relief rally before any retest of resistance amid ongoing ETH price prediction scrutiny following repeated bridge incidents over the past year.
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