Lookonchain
A Binance hacker sold 908,793 PROM, worth about $5 million, into a nearly empty Uniswap V2 liquidity pool and received just 0.0316 ETH, valued at $71.
Why it matters
A pool with little available liquidity can produce extreme price impact when a large order hits it. In this case, the reported proceeds were a tiny fraction of the PROM value cited for the sale.
Market impact
The trade shows the execution risk of selling a large altcoin position through a thin decentralized exchange pool. The reported figures concern this specific PROM sale and do not establish broader market pricing or the hacker's overall holdings.
Frequently asked questions
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How much PROM did the Binance hacker sell?
The hacker sold 908,793 PROM, described as worth about $5 million.
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How much did the hacker receive from the PROM sale?
The sale returned 0.0316 ETH, valued at $71.
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Where did the PROM sale take place?
The PROM was sold into a nearly empty Uniswap V2 liquidity pool.
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Why did the large sale return so little?
The pool had very little liquidity, so the large order faced extreme price impact.
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Do the reported proceeds describe the hacker's total holdings?
No. The figures describe this specific PROM sale and do not establish the hacker's overall holdings.
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