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Ether.fi Urges Caution Amid Discord Security Breach, Price Holds Steady

Irene Mukiri by Irene Mukiri
June 7, 2025
in Market, News, Price Analysis
Reading Time: 3 mins read
Ether.fi Urges Caution Amid Discord Security Breach, Price Holds Steady
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  • Ether.fi urges users to avoid Discord links after confirmed community breach
  • ETHFI price remains stable despite Discord exploit, holding key support at $1.13
  • Technical signals mixed as MACD turns bearish but RSI holds neutral at 55.24

Ether.fi, a leading liquid restaking protocol on Ethereum, is urging users to avoid interacting with any Discord links following a recent security breach. The team confirmed on X that the incident has been contained, but they remain vigilant. 

While details are still under investigation, the platform emphasized its commitment to user safety. It also encouraged users to report suspicious activity and to wait for an official update before engaging further. The security alert has not drastically shaken investor confidence, as the ETHFI token continues to trade with measured volatility.

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Platform Responds to Discord Exploit Concerns

The warning comes as part of Ether.fi’s immediate response to an apparent compromise within its Discord community. As threats become more sophisticated, Discord remains a common vector for phishing attacks in the crypto space. 

Hence, the team quickly took steps to prevent further damage. The channel is currently under strict monitoring, and all unauthorized links should be treated as potentially malicious.

Moreover, Ether.fi’s proactive approach reflects an industry-wide awareness of increasing social engineering threats. While this event has temporarily disrupted community communication, the fast response appears to have prevented wider damage. Users are advised to rely solely on verified sources such as the official X account or the project website for updates.

ETHFI Price Resilience Signals Market Confidence

Despite the internal disruption, ETHFI’s market performance has shown relative resilience. As of press time, ETHFI trades at $1.16, marking a modest 1.01% gain in 24 hours. While the 24-hour volume has declined nearly 24% to $128.9 million, investor sentiment remains stable.

Significantly, the token’s price continues to oscillate between a support level of $1.13 and resistance around $1.21. The $1.13 level has been tested multiple times, affirming strong buyer interest. 

Should the price dip below this, the next support lies at $1.11. Conversely, a break above $1.21 could push the token toward $1.25, a psychologically important level.

ETHFI/USD daily price chart, Source: TradingView

Technically, momentum indicators point to caution. The MACD line has slipped below the signal line, suggesting a potential bearish shift. However, the RSI at 55.24 remains in neutral territory, showing that ETHFI still has room to grow without being overbought.

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