Foresight News reports that, according to BlockSec Phalcon monitoring, several projects based on Balancer were attacked a few hours ago, resulting in losses exceeding $120 million. This is a highly sophisticated attack method. Preliminary analysis indicates that the fundamental cause of the attack was the manipulation of the invariant, distorting the BPT price calculation, allowing the attacker to profit from a single batch swap in a specific stable pool. Taking an attack transaction on Arbitrum as an example, the batch swap operation can be divided into three stages: 1. The attacker swaps BPT.

ChainCatcher news, CryptoQuant analyst Axel Adler Jr tweeted that despite Bitcoin reaching a historic high, the BPT indicator remains at a moderate level of 2.56, below the previous local high of 3.57. At the same time, the Realized P&L Ratio remains at an average level, indicating that the current market state has relatively lower risk compared to previous overheating periods. Technically, the price remains above the 4-year moving average and its two standard deviations, confirming that the upward trend continues. Analysts point out that we need to be wary of the regular pullback risks in the rising trend, and a BP breakthrough at 3.0 may indicate that the market is entering the later stage.