Liquid's alleged white hat hackers say they'll return "most" of nearly 4,000 BTC

Reports that purported whitehat hackers linked to Liquid plan to return "most" of nearly 4,000 BTC reduce expected net supply overhang versus a full loss and may limit immediate contagion risk to exchange-related sentiment. However, uncertainty remains around recovery timing, the final returned amount, and potential legal or operational frictions, keeping near-term risk appetite and custody concerns in focus.