Reason why $BTC DUMPED 🩸
Verus-Ethereum Bridge has been exploited, with $11.5M stolen.
The attacker drained the bridge (including $ETH , tBTC, and USDC) and has already swapped 100% of the funds into 5,402 ETH.
This is classic bridge-hack FUD hitting the market right now, triggering liquidations and adding sell pressure on Bitcoin.
bridges remain one of the highest-risk attack vectors in crypto. Always DYOR and manage risk.
Stay cautious.