ODIN•FUN Exploit Commot $7M BTC Through SATOSHI Token Pump
For April, di ODIN•FUN exploit make attackers blow up di SATOSHI token price through one liquidity pool exploit, dem comot away 58.2 BTC (roughly $7 million) from the AMM. Di ODIN•FUN exploit use pump-and-dump on di SATOSHI token to empty di platform reserves. After di wahala, ODIN•FUN pause AMM trading, dem involve one big security company to do full smart contract audit. Di team also inform law enforcement and big exchanges like Binance to track and recover di stolen money. Dis liquidity pool exploit show how DeFi security risk dey grow. Traders suppose check their risk with high-risk AMM pools and wait for audit result before dem start to trade again.
Bearish
Di ODIN•FUN exploit and di related liquidity pool exploit dey bearish for BTC for short term. Di theft wey be $7 million don shake traders confidence and fit trigger more sell-offs and volatility for Bitcoin and related DeFi tokens. For long term, platform audits and better security fit stabilize di market, but immediate sentiment remain negative as risk awareness dey increase.