BINANCE HACKER LOSES NEARLY $5 MILLION IN BOTCHED UNISWAP TRADE A wallet linked to the Binance hacker dumped 908,793 PROM tokens, valued at approximately $5 million, into a nearly empty Uniswap V2 liquidity pool. The hacker received just 0.0316 ETH, worth $71, effectively wiping out the tokens’ entire quoted value in a single trade. It wasn’t the hacker’s first costly liquidation. Earlier, the attacker sold 134.1 million FUN tokens, worth roughly $1.17 million at presale prices, for just $250,0

AI Market Summary
A wallet tied to the Binance hacker dumped 908,793 PROM into a near-empty Uniswap V2 pool for only 0.0316 ETH, worth $71, erasing its quoted value and underscoring severe liquidity and slippage risks in small-cap DeFi markets. The prior FUN liquidation reinforces forced-selling dynamics, but the event is largely idiosyncratic and unlikely to move major crypto benchmarks.
Impact level
● Medium
Affected assets
PROM/USDT+1.54%
AI Insight · PROM/USDTAI Insight
▼ Bearish
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