Binance hacker dumps FUN and minor tokens causing 95% price crash
A crypto wallet associated with the Binance exploit offloaded low-liquidity tokens on Uniswap on 30 October 2026, sending the FUN token down by up to 95 percent.
Key takeaways
- 1A Binance exploiter address sold FUN, RAD, and OGN tokens on Uniswap on 30 October 2026.
- 2The FUN token fell by up to 95 percent due to low liquidity in the trading pools.
- 3The attacker transferred approximately 580.8 million unsold FUN tokens back to a collection wallet.
A crypto wallet linked to the Binance exploit dumped large quantities of FUN and other minor tokens on decentralised exchange Uniswap on 30 October 2026. The sudden selling pressure into low-liquidity markets triggered a price collapse of up to 95 percent for the FUN token.
According to reports from CoinDesk and The Defiant, the hacker offloaded FUN alongside smaller assets including RAD and OGN into automated pools that lacked sufficient depth to absorb the transactions. The Defiant reported that after completing the swaps, the exploiter address transferred roughly 580.8 million unsold FUN tokens back to a primary collection wallet.
Decentralised exchanges like Uniswap use automated market makers that recalculate asset prices based on pool ratios when large trades occur. Data from YourKhabri shows Uniswap's governance token UNI fell 3.6 percent to $6.86 on 30 October, giving the protocol a market capitalization of $4.3 billion.
Traders and security analysts are watching the exploiter's collection wallet for potential future liquidations, as substantial amounts of stolen or consolidated tokens remain under the attacker's control.
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Reported and edited by the YourKhabri desk under our editorial policy. Nothing here is investment advice.