According to @ai_9684xtpa, a suspected compromised Binance account attempted to move funds via cross-trading by aggressively buying spot BROCCOLI714, a low-liquidity token, creating extreme order-book imbalances and a sharp spot-perp basis blowout (source: @ai_9684xtpa on X citing @Vida_BWE). According to @ai_9684xtpa, Binance’s BROCCOLI714 perpetuals triggered a circuit breaker; after trading resumed, Vida went long immediately and later closed on bid withdrawal, capturing around 1 million dollars as detailed in his recap (source: @ai_9684xtpa on X; source: @Vida_BWE on X). Vida stated he held spot near 0.016 and a 500,000 USDT BROCCOLI714USDT funding-rate arbitrage; when spot value jumped to roughly 800,000 USDT versus 500,000 USDT perps, he closed the arb to lock about 300,000 USDT before the directional trades (source: @Vida_BWE on X). Vida reported seeing approximately 5 million USDT bid at 10 percent depth on Binance spot versus only about 50,000 USDT on perps, and roughly 26 million USDT of total spot bids for a roughly 40 million dollar market-cap token, indicating nonstandard activity likely tied to the suspected theft or a market-maker bug (source: @Vida_BWE on X; source: @ai_9684xtpa on X). Per @ai_9684xtpa, Binance risk controls appeared to intervene, preventing further BROCCOLI714 orders; the attacker then turned to SOL before canceling orders and ending the episode (source: @ai_9684xtpa on X). Vida emphasized his alert rules for short-term surges and spot-perp divergence as key triggers, underscoring the value of monitoring basis and order-book depth during small-cap anomalies (source: @Vida_BWE on X).

According to @ReetikaTrades, Binance's recent listings of Broccoli714 and Broccolif3b have sparked confusion and criticism among traders. The user expressed disbelief over these listings, suggesting they are not aligned with traders' interests (source: @ReetikaTrades). Such listings could impact Binance's credibility if perceived as lacking substantial trading value (source: @ReetikaTrades).