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Eerie Exploits Drain $766M From Crypto This September With Bitget And Liquid Hit Hardest 🦇💀

PeckShield clocked 55 major crypto hacks back in September that drained a wild $766.49 million total in losses 🌑. That’s fr a 462% jump from August’s $136.3 million mess with two massive incidents owning nearly the whole bag 💸.

Two Breaches Dominate the Month 😈

The Bitget hit clocking around $387 million plus the Liquid Network grab of about $320 million with $285 million bounced back now sit as the year’s top two crypto thefts even overtaking those Drift and KelpDAO plays 🔥. Rip those out tho and the leftover 53 hacks only scrape together $59 million which is less than half of last month’s tally 🖤. PeckShield noted this shift right here with their fresh alert tweet below for the real tea. Bitget flagged shady transfers outta parts of their hot wallets at 18:31 UTC on September 24 while CEO Gracy Chen spilled that some backend system got breached and spoofed all the transaction data to trick the auth flow 🪄. She straight ruled out any private key drama and confirmed cold wallets holding most assets stayed untouched lmao. The exchange is covering it all from their User Protection Fund sitting over $464 million.

Laundering Trail and Smaller Losses 🕸️

SlowMist dropped an update on September 29 showing North Korea linked hackers laundering those Bitget funds by mixing CoW Protocol orders with Chainflip deposits turning everything to BTC then slapping CoinJoin on top to hide the trails 👀. Their founder Cos pointed out how anti money laundering checks are lagging behind those automated scripts rn 💉. Chainflip is already blocking flows and rejected at least one deposit while refunding instead of freezing. The other eight in PeckShield’s top 10 ranged from $3.15 million down to $7.81 million with a front run on the MEV bot yoink getting returned fully. Payment Processor V2 plus that LimitBreak contract from the September 25 white hat rescue made up $6.6 million of which $3.4 million bounced back already. Security researcher Quit pulled 23,155 NFTs worth nearly $6 million from exposed wallets during the op while one exploit path left 660WETH unrecovered.
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XRP’s Squeeze Tightens With $2 Breakout Lurking 🦇💖

XRP chilling in this consolidation phase rn after that epic bounce off the $1.00 zone, holding strong way above those key daily supports. The bigger picture looks way better, yet on the 4-hour it’s still ducking under a descending trendline and stuck below that pesky $1.60-$1.70 resistance. 🖤

Spooky XRP Moves On The Usdt Chart ✨

On the daily, XRP pulled off a solid rebound from the $1.00 support area and surged back over the 100-day and 200-day moving averages, which are now flattening out around $1.30. This flips the script from that dreary downtrend earlier this year. 🌙
Right now XRP sits near $1.49 with nearest support at $1.30, lining up perfectly with the breakout zone and those moving averages. Staying above this spot keeps the whole recovery vibe intact. 💀
Upside resistance hits at $1.60-$1.70 where the recent pump got shut down. Breaking through there could unlock the next targets around $1.80-$2.00 and then the serious $2.40 supply spot. 😈
Daily RSI has chilled out from overbought levels down to the middle of its range, so momentum feels normalized without any obvious red flags. A fresh push higher with RSI expanding would seal that bullish energy. 📈

4-Hour Chart Creeps In With Caution 🚀

The 4-hour view paints a more careful scene where XRP climbed toward $1.60-$1.70 in late September but then carved out lower highs under that descending trendline. Trading around $1.49 makes the trendline a key short-term hurdle. 💎
Immediate support hangs at $1.45 in the green horizontal zone, an area XRP has hovered around repeatedly. Losing this could open the door to the broader $1.20-$1.30 demand zone. 🌑
A clean break above the trendline would shatter this corrective setup and then XRP needs to grab back $1.60-$1.70 for any real bullish follow-through. 😽
Overall the charts keep the recovery looking solid above $1.20-$1.30, though pushing past $1.60-$1.70 is key to locking in stronger gains while dipping below $1.45 risks sliding back to lower supports. 🕸️


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Citi’s Warming Up to Bitcoin’s DeFi Pull With Sharper Targets Ahead 🦇🌙

Citi just had a total vibe shift on BTC and Strategy after that mid-August market glow-up.

BTC Blasting Over 113K Soon ✨

It was only a few months back that the Wall Street giant cut their bitcoin target way down under 82,000. That hit in July when everything felt kinda gloomy and BTC dipped to its lowest since late 2024 under 58,000.
But bitcoin bounced back hard and climbed like 50 percent since then rn sitting around 86,000. So Citi pumped their 12-month call by about 40 percent up to 113,400 reversing that July hesitation. Their analysts pointed to hotter crypto flows a friendlier macro scene and those ETF dollars rushing back in 🖤.
They figure around 5 billion in inflows next year as advisors and brokerages start stacking more BTC. The bank noted the CLARITY Act flop in the Senate yet said the fresh SEC and CFTC moves helped chill any bad sentiment.

Strategy Target Jumps Big Time 💀

The bank’s brighter BTC outlook sent Strategy’s price projection soaring even higher. Back in July they floated a MSTR target at 136 when shares were chilling below 100. Now MSTR sits at 160 after a 60 percent plus run from those summer lows 😈.
Citi bumped the call to 240 while keeping the buy rating. About 34 percent of that upside comes from more BTC gains with 16 percent from premium growth on the NAV.
It shows how tied Wall Street values for Strategy still are to BTC itself. They called MSTR a leveraged and way more volatile play on the coin so numbers can swing wild if conditions flip 🌙.
This kinda reminds me how defi moves can feel so extra sometimes lmao 💸🚀🕷️.


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QNT And NIGHT Keep Resisting The Dip While BTC Calms After Its Frenzied Ride: Weekend Watch 🌑🖤

BTC got totally wrecked rn after the US jobs report cooled off but the vibe stayed all bearish af lmao. It slammed down hard from that 87000 peak straight to under 84000 leaving a trail of liquidations everywhere.

BTC Chills After Wild Volatility Ride 🖤

The week kicked off rough with BTC stuck at 85000 then dipping below 83000 support like omg. Bulls fought back tho and pushed it up to challenge 85600 after PCE news hit. Still got rejected super fast and slid back down hard. Friday brought softer jobs data that pumped it over 87000 for a sec but nah it got rejected violently again and crashed leaving nearly 600 million in liquidations. Now it’s chilling at 84500 with market cap at 1.69 trillion and dominance rising to 59 percent.

BTCUSD October 3. Source: TradingView
BTCUSD October 3. Source: TradingView

Alt season looks dead fr with ETH losing 2700 support again and XRP falling under 1.50. Most mids are bleeding red but QNT and NIGHT are straight up defying the chaos like total icons.

QNT & NIGHT Keep Defying The Dip 👀

QNT surged 13 percent past 260 and NIGHT climbed similar hitting 0.50 while everything else tanks. Total crypto market cap dipped almost 2 percent to sit at 2.880 trillion.

Cryptocurrency Market Overview October 3. Source: QuantifyCrypto
Cryptocurrency Market Overview October 3. Source: QuantifyCrypto

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