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Midnight (NIGHT) plunged to a record low after a bridge exploit drained roughly 290 million tokens, then bounced 39% within a day as spot dip-buyers stepped in. Futures data shows rising short positioning against the spot recovery, meaning the rebound is contested and vulnerable if frozen-token recovery efforts fail. Watch whether exchanges freeze the stolen tokens on Midnight's request and whether Cardano founder Charles Hoskinson's call to overhaul cross-chain bridge design adds regulatory or structural overhang to bridge-dependent assets.
As a Crypto signal, watch whether it changes price action, volatility, or flows around NIGHT, ADA.
Original Source: 블록미디어
This page is market information analysis, not investment advice.
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