According to Foresight News, Cyvers Alerts has detected suspicious transactions on the cryptocurrency trading platform FixedFloat. About 14 hours ago, $2.8 million was withdrawn from FixedFloat's Ethereum hot wallet and directed to a suspicious address. The funds were immediately exchanged for ETH via a decentralized exchange (DEX) and then transferred to the eXch exchange. Currently, FixedFloat's hot wallet has ceased operations, and the company's website is undergoing maintenance. In a previous report by Foresight News, FixedFloat suffered a hacker attack on February 16, 2024, resulting in a loss of $26 million due to access control issues.
Analyst Javon Marks claimed that SHIB has shown 'massive strength' as of late, reminding about its triple-digit price increase on a monthly scale. The analyst predicted that a breakout above the resistance level of $0.000081 could propel an additional 147% surge. 'A break and hold above $0.000081 may only open up room for another +90% upside to $0.0001553,' Javon Marks concluded. Earlier this month, analysts Ali and Jake also laid out bullish SHIB predictions, with the latter forecasting that the asset could become the biggest meme coin in 2025.