Cosmos Hub Seizure of 1.23M ATOM After 25-Hour Halt: Leverage Impact and What the Residual 169K Tokens Mean for Traders
Cosmos Hub validators seized 1.23M ATOM (~$2.1M) via a 25-hour chain halt after a Neutron governance exploit; ATOM is down 6.23% to $1.70 and leveraged longs face liquidation risk until the ~169K residual token situation resolves.