Hackers have their wipeout moments too—and sometimes they’re so absurd they sound like a joke. On October 31, a wallet tagged by Lookonchain as belonging to the Binance hacker dumped 908,793 $PROM tokens into a nearly drained Uniswap V2 pool, getting just 0.0316 $ETH in return, worth about $71. Based on Binance’s 30-day spot-chart closing price of around $5.55, those tokens were worth about $5.04 million on paper; the actual proceeds were $71. Slippage wiped out more than 99.998%, and the on-chain transaction was irreversible: once sold, they were gone. Worse still, the night before, about 8 million NEWT tokens, along with 17 other tokens worth a total of about $3.5 million, were mistakenly sent to the NEWT contract itself—which has no admin and has had its upgrade function permanently disabled. In other words, they locked the funds away themselves. This wasn’t some sophisticated money-laundering scheme. After making off with $6.3 billion, they stumbled twice in a small pool: they were in such a hurry to swap for ETH that they didn’t even check how much liquidity was left. There’s only one lesson: no matter how large your position, without enough liquidity, your wealth is only on paper. When the pool runs dry, the price isn’t really a price. #Binance #PROM