Flash Loan Attack: LML Plunges Over 99% in Price After Being Exploited, Resulting in a Loss of Around $950,000

April 1 saw the market hit simultaneously by three disruptions: weakening employment, energy supply contraction, and war escalation. The decline in U.S. job openings signals softening labor demand; gasoline prices rising to $4/gallon and OPEC production dropping to a new low since the pandemic peak imply another passive tightening of energy supply, with unresolved inflationary pressures pushing policy paths back into uncertainty. Meanwhile, Buffett continues to hoard cash, and the CFTC is ramping up regulation of energy and information manipulation—reflecting mainstream funds cutting risk exposure and being wary of market price distortions. On the geopolitical front, a qualitative shift has emerged. Iran has not only refused to back down but expanded its attack scope, moving beyond traditional energy and military facilities to U.S. tech and data infrastructure, explicitly naming operational bases of several Silicon Valley and defense firms in the Middle East. This signals the war ha

April 1 – Iranian Parliament states the Strait of Hormuz will not be opened; it has not held any negotiations to date and will not do so in the future, per market sources. (Oriental Wealth)

Bitget’s Launchpool is set to launch the Mezo (MEZO) project on April 1, with a total reward pool of 4,000,000 MEZO. The lock-up channel will be open from April 1 at 22:00 UTC+8 to April 6 at 22:00 UTC+8, featuring two lock-up pools: - **BGB Lock-up Pool** Airdrop amount: 3,800,000 MEZO VIP user lock-up limit: 50,000 BGB Regular user lock-up limit: 5,000 BGB - **MEZO Lock-up Pool** Airdrop amount: 200,000 MEZO Individual lock-up limit: 5,000,000 MEZO Additionally, MEZO will be listed on Bitget’s Innovation Zone, with spot trading going live on April 1 at 22:00 UTC+8.

On April 1st, per data from BitcoinTreasuries.NET, Strategy’s preferred stock (ticker: STRC) raised enough capital yesterday to acquire 2,724 bitcoins.

April 1st: Per Coinbob Popular Address Monitoring (via their Telegram channel: https://t.me/Coinbob_track_CN), the Band Protocol whale at address "pension-usdt.eth" (0x0ddf...) opened a 3x leveraged BTC short this morning. In the past hour, the whale added ~250 BTC to its short position, pushing the total to ~$17.28 million and the overall position size to $51.8 million. Its average entry price has risen from $68,121 to $68,389, with an unrealized loss of ~$570,000 (-3.3%) currently. The address still holds $19.55 million in remaining collateral, providing ample cushion. Based on the whale’s historical trading patterns, it typically builds its BTC short position up to ~1,000 BTC to complete its setup.

On-chain analyst Ai Auntie (@ai_9684xtpa) reported on April 1 that address 0x65d…8fC62 has allegedly liquidated 4,012 ETH, worth $8.572 million. Over the past 40 minutes, the address transferred the 4,012 ETH it redeemed from Lido a week ago to Binance, leaving only 0.709 ETH on-chain.