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03:10
Binance Market Maker Accounts Compromised: $BROCCOLI (714) Pump Exploited; Trader Vida Nets $1M by Flipping Long to Short on Perps-Spot Divergence

According to @lookonchain, a hacker gained control of a market maker's Binance accounts and attempted to move stolen funds by buying $BROCCOLI (714) spot, going long perps on other accounts, and coordinating self-trades to pump price and transfer size, source: @lookonchain. The attacker selected $BROCCOLI (714) because of its low liquidity and shallow order book depth, which made the asset easier to manipulate, source: @lookonchain. Trader Vida had proactive alerts for a +30 percent move within 1,800 seconds and spot–perp price divergence, which immediately flagged abnormal activity, source: @lookonchain. Vida entered long positions early to ride the pump driven by the hacker’s aggressive spot buying and large visible bids, source: @lookonchain. Monitoring the spot order book, Vida closed longs and flipped short as soon as those large bids disappeared, which @lookonchain indicated Vida interpreted as potential Binance risk controls restricting the attacker, source: @lookonchain. The sequence produced approximately 1,000,000 dollars profit for Vida on January 1, 2026, illustrating disciplined execution using alerts and order-book signals, source: @lookonchain. Trading takeaway: low-liquidity tokens can be targeted for manipulation, and a combination of sudden spot–perp divergence with large bid withdrawal can signal reversal risk for perps traders on Binance, source: @lookonchain.

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