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PeckShield revised the drain on Arbitrum perpetuals protocol Ostium to roughly $24M, up from the initial up-to-$18M estimate, with the attacker routing 10,540 ETH into Tornado Cash. The laundering step sharply reduces recovery odds and adds to DeFi market-structure risk on Arbitrum, pressuring TVL and vault-based perp protocols' credibility rather than spot ETH price directly. Watch whether Ostium discloses a reimbursement plan and whether other Arbitrum perps see deposit outflows as contagion signals.
As a Crypto signal, watch whether it changes price action, volatility, or flows around ETH, ARB.
Original Source: The Defiant
This page is market information analysis, not investment advice.
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