FET Rebounds 11.57% to $0.19 After $1.5M Ethereum Converter Exploit
- —FET rose 11.57% to $0.1905 on volume 59.24% above its 30-day average
- —Ethereum converter exploit cost $1.5M: 8.7M FET drained, 408.5M NTX minted
- —Net exchange outflows hit $789,500 FET versus $81,700 in deposits
- —Price remains 94.47% below its $3.44 all-time high, RSI at 62.9
Why it matters: The rebound rides an AI-token rotation, but reputational damage from the exploit and weak fundamentals leave room for another pullback.
Source: DiarioBitcoin