Whale-driven demand lifts ASTEROID, but thin liquidity leaves price exposed to sharp reversals once momentum fades.
Ether takes a hard hit on the derivatives markets: over 2 billion dollars of open interest have disappeared in the space of seven days. Trader sentiment has weighed down, closed positions are piling up, yet some more recent signals hint at a possible turnaround.
The Arbitrum Security Council froze 30,766 ETH worth $71.5 million linked to the KelpDAO exploit, after receiving law enforcement information about the attacker's identity. The frozen funds can only be released through an Arbitrum governance vote.
Arbitrum's Security Council froze exploiter-held ETH after coordinating with law enforcement.
North Korea's Lazarus Group is preliminarily attributed with draining approximately $292 million in rsETH from KelpDAO on April 18, 2026. The state-backed hacking entity has been responsible for billions of dollars stolen from the crypto industry over the last few years. Key Takeaways: Lazarus Group drained 116,500 rsETH from KelpDAO on April 18.
BitMine ETH Treasury Near 5M Tokens, Holdings Hit $12.9B
OCBC Bank has unveiled GOLDX, a digitally native gold fund operating on both Ethereum and Solana blockchains, marking a significant step in real-world asset tokenization for 2026. This innovative product merges conventional gold investment opportunities with modern blockchain technology, delivering tokens straight to digital wallets following purchase completion.
Tether minted $2 billion in USDT on the Ethereum network over a three-day period, adding a significant block of new stablecoin supply to the largest smart contract platform.
Arbitrum's Security Council froze 30,766 ETH worth $71 million linked to the Kelp DAO exploit, recovering roughly a quarter of the $292 million stolen, pending a governance vote on the funds' fate.
Hours after the Arbitrum Security Council froze 30,766 ether tied to the KelpDAO exploit, the attacker moved all 75,701 ETH, roughly $175 million, to the Ethereum mainnet and began bridging the funds to bitcoin. Key Takeaways: After Arbitrum froze 30,766 ETH ($71M), the KelpDAO exploiter moved 75,701 ETH ($175M) to the Ethereum mainnet.
Tom Lee expects ETH's recovery to extend, citing a strong correlation and rebound of the U.S. equity market.
As recurring DeFi exploits continue to expose systemic risks, Ethereum's shift toward a security-first roadmap could signal a broader revaluation narrative.