source avatarMoaak 🦍

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As the second quarter of 2026 begins, DeFi has already lost over $16 billion. @KelpDAO was just drained of $294 million, and @aave has also suffered losses. Don’t talk about “normal fluctuations”; this is structural. Hackers’ groups have turned DeFi into a cash dispenser, targeting protocols with high liquidity. But what’s amusing is that the Fear & Greed Index is only 56, and the market is not at all panicked. Why is that? Because the money hasn’t fled; it’s simply been transferred to a different wallet. Just looking at the trending topics list makes it clear: $UNI $SOL $DOGE $SUI and $FLOKI are all trending heavily. Capital is flowing from DeFi to L1 and meme tokens. The blockchain protocol was hacked → Individual investors lost trust → They shifted their funds to exchanges to purchase “visible” cryptocurrencies. This cycle will not end in a single day. Continue to monitor the signals. Is the DeFi TVL continuing to decrease? Will the trend surrounding L1 and meme coins continue? Who tampered with your funds? Was the hacking incident an accident?

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