A wallet linked to the October 2026 Binance hack sold about $5 million worth of PROM tokens on Uniswap V2 but received only $71 in ETH due to extreme slippage caused by a nearly empty liquidity pool. This highlights the risks of selling large token amounts in shallow pools, where prices crash sharply. The stolen funds, tied to a North Korean group, are being liquidated across multiple blockchains, but errors like sending tokens to inaccessible contracts reduce the hackers' ability to launder money. Binance has started resuming withdrawals and will cover user losses from its reserves.
While the article highlights a dramatic loss in token value due to liquidity issues, BNB (Binance Coin) is trading steadily on Pluang at Rp12.925.466 as of Nov 01, 2026 18:51 WIB, showing a modest 1.20% gain over one day. Its market cap stands strong at Rp1.699 trillion, contrasting sharply with the near-zero liquidity scenario faced by the PROM tokens. This stability is further supported by a balanced Pluang order activity of 50% sell and 50% buy, reflecting steady investor interest despite the hacking incident.
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