White Hats Drain $320M From Liquid Sidechain in Sudden Crypto Market Move
A significant event has shaken the crypto market as purported white hat hackers withdrew $320M from the Liquid sidechain on September 7, 2026.
According to DecryptMedia, this withdrawal is tied directly into ongoing Bitcoin price prediction models and raises fresh questions around the resilience of the crypto market on sidechains.
The price action on the 4-hour chart shows BTC holding a bullish structure above the EMA50 at $79,049.9 while testing upper Bollinger resistance near $80,761.13. The Relative Strength Index (RSI) is at 48.32, remaining neutral, and the Moving Average Convergence Divergence (MACD) is printing a death cross.
This technical analysis suggests that a measured pullback toward the lower band support at $78,973.15 appears likely before any continuation of the price trend.