Insiders every time are the ones to blame.
Sadly the exchange situation in India is such that one person will always try to exit via this method.
2024 - Wazirx
2025 - CoinDCX
It seems Indian exchanges are getting targeted now, which implies there is an influx of users in exchanges as well and funds getting piled up here.
Dont store coins on exchanges, none of them are ever safe, wake up one morning and you see your coins in limbo - this should not happen to any of us.