The news of Drift being hacked continues to ferment, with funds temporarily flowing through Jupiter, pushing the price above $0.16 intraday, and trading volume significantly increasing. The $1.22 million short position was stopped out within half an hour, indicating that such events are often first impacted not by fundamentals but by short positions. Now, it seems more like a sentiment-driven recovery; whether to chase in depends on whether the trading volume can support it.