Right now I would not sell all, a bit to dont lose all but will track how it goes and if he breaks more suports

The situation with Thorchain $RUNE is a prime example of how poor decisions by a founder can push even a strong project to the brink of collapse. According to available information, the CEO used project funds to short BTC instead of trading with personal capital. Since the market moved up, these positions resulted in losses that Thorchain is now unable to cover, effectively putting the project in default.

Possible Scenarios
1. Investor Rescue – If the product itself remains valuable, there may be buyers willing to acquire the project along with its liabilities. This would be the best outcome for both RUNE holders and the broader industry.
2. Uncontrolled Token Issuance – In an attempt to cover the debt, the team might start printing new tokens and selling them on the market. This would dilute RUNE’s value and most likely lead to the project’s collapse—similar to what happened with LUNA.

Predicting which scenario will unfold is impossible without insider information.

Technical Analysis

Before this scandal, RUNE had one of the strongest charts among altcoins. If not for this reckless short, it had a solid chance of retesting its all-time highs.

Now, the token’s future depends entirely on how the default is handled. If the crisis is resolved without excessive token issuance or a rug pull, there’s still a chance for recovery. Otherwise, the situation will only get worse.