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EUL Jumps 35% as Euler Finance Hacker Returns Another $100M Worth of Ethereum
EUL tokens jump 47% after hackers returned the $90m they stole
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>Arbitrum (ARB) will unlock 1.11 billion tokens on March 16 at 9 pm, valued at approximately $2.32 billion, accounting for 76.62% of the circulating supply. >Aptos (APT) will unlock 24.84 million tokens on March 13 at 6 am, valued at approximately $329 million, accounting for 6.73% of the circulating supply. >ApeCoin (APE) will unlock 15.6 million tokens on March 17 at 8 am, valued at approximately $35.57 million, accounting for 2.55% of the circulating supply. >CyberConnect (CYBER) will unlock 886,000 tokens on March 15 at 6 pm, valued at approximately $10.51 million, accounting for 5.98% of the circulating supply. >Flow (FLOW) will unlock 2.6 million tokens on March 16 at 8 am, valued at approximately $3.62 million, accounting for 0.17% of the circulating supply. >Moonbeam (GLMR) will unlock 3.04 million tokens on March 16 at 8 am, valued at approximately $1.49 million, accounting for 0.36% of the circulating supply. >Euler (EUL) will unlock 86,900 tokens on March 14 at 7:34 pm, valued at approximately $591,000, accounting for 0.47% of the circulating supply.
tldr; Euler's EUL token rallied by around 15% to as high as $3.96 in the last 24 hours. The decentralized finance (DeFi) project’s positive price performance was influenced by news that it had recovered all the stolen funds from the March 13 hack. According to available information, the Euler exploiter returned $177 million. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
How did him returning it make the price jump? Did they convert it from ETH to EUL?
i think EUL wil recover longterm
Why is EUL mooning? Went from 2.70 to 4+ real fast
tldr; Euler Finance has reportedly suffered an exploit of approximately $196.9 million. The root vulnerability is still unknown, but the attacker used a series of flash loans to leverage the attack. The project's native token EUL has plummeted 50% in the last hour. Euler tweeted that it is "aware and our team is currently working with security professionals." *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
tldr; Over $650 million worth of tokens will be unlocked in March. Six projects will unlock their tokens on the first day of the month. Euler (EUL), STEPN (GMT), Hedera (HBAR), Acala (ACA), 1inch (1INCH), and Galxe (GAL) will release tokens on March 3. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR. Get more of today's trending news [here](https://coinfeeds.substack.com).*
Euler (EUL), STEPN (GMT), Hedera (HBAR), Acala (ACA), 1inch (1INCH), and Galxe (GAL) will unlock their tokens on the first day of the month. HBAR unlock will be the largest one during March. On the first day of the month, the project will release over 3 million HBAR tokens worth over $218 million. EUL will go under a cliff unlock, releasing $201,600 worth of EUL each day until the total amount reaches $885,368. Similarly, GMT will release $221,932 daily with a linear unlock schedule. ACA, 1INCHi, and GAL will release $4.2 million, $37,128, and $1.1 million worth of tokens, respectively