An attacker from a Binance account attempted to pump and dump funds on BROCCOLI714, but Vida intercepted the attack and profited approximately $1 mill...
TL;DR
A hacker attempted to pump and dump funds via Binance using the low-liquidity token BROCCOLI714. Vida detected the anomaly, intercepted the trades, and profited around $1 million before Binance's risk control intervened.
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According to Foresight News , on-chain analyst Ai Yi reported that a Binance account was suspected of being hacked. Due to risk control mechanisms, the hacker was unable to withdraw funds directly and attempted to transfer funds through wash trading. The hacker chose the Meme token BROCCOLI714, which has poor liquidity and a small market capitalization, as the underlying asset, placing a large number of buy orders to violently drive up the spot price. Vida, founder of Foresight News, noticed the abnormal price through alerts and quickly determined that this was unusual behavior. After the contract circuit breaker ended, he precisely opened long positions and closed them, repeatedly intercepting the hacker's operations and profiting approximately $1 million. Subsequently, Binance's risk control intervened, preventing the hacker from placing further orders. The hacker then attempted to manipulate SOL but failed and ultimately withdrew the order.