Initia (INIT) Puls

INIT

Initia's Day-0 MoveVM Exploit: Bridge Contagion Risk and What $0.1482 INIT Means for Leveraged Traders

Initia halted its L1 after a Day-0 MoveVM bug enabled ~$2.6M in unbacked AUSD minting; INIT trades at $0.1482 (+13.52%) but leveraged longs face severe liquidation risk on network resumption — reduce size until confirmed loss and AUSD solvency data emerge.

INIT

Initia Network Halted After Alleged Mint Exploit: What Leveraged INIT Traders Must Know Now

Initia halted its L1 and rollups after an alleged mint exploit drained an estimated $2.6–2.7M via AUSD and ETH transfers; INIT is trading at $0.1466 with a 24h range of $0.1132–$0.1555 — leveraged longs above 4x face liquidation risk on any retest of recent lows.