I have a box with them I was about to do the same thing on.
Contabo killed my NAT VPS network with rsync, now SSH hangs
188 days and no answer, so I guess the lesson was learned the hard way.
I've got a OVHcloud NAT instance I was about to do the same thing with and now I'm second guessing.
286 days later I'm curious if Contabo ever told you what actually triggered it. Their control panel still showing "running" while the network is dead sounds like a classic shared-port NAT table getting nuked, not an upstream null-route. I've seen OVHcloud do something similar on their cheapest plans where the conntrack table just gives up and stops forwarding your port until you hard reboot through the panel. Did you have to reinstall or did a power cycle fix it?
Did you ever get that box back online, or did Contabo just flatten it
I ran into the same brick wall on a OVHcloud NAT plan a while back—their panel kept flashing "running" while the network underneath was completely torched, had to open a ticket to get them to flip the port