Initia exploiter shifts over $2.7 million in ETH seconds after network halt

Crypto Insight Summary: An Initia exploit address sent about 1,135 ETH, worth over $2.7 million, to a second wallet five seconds after Initia halted its L1 and rollups. Crypto Insight Analysis: Direction: Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: ETH transfer post-exploit raises security concerns, potentially affecting investor sentiment.