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Binance exploiter sells $5M in PROM tokens for $71 on Uniswap

An address tied to the Binance hot wallet exploit liquidated nearly $5 million worth of PROM tokens on Uniswap V2, receiving just $71 in ether due to a lack of liquidity.

Screenshot of an Etherscan transaction record showing Binance Hot Wallet Exploiter swapping 908,792.88 PROM for 0.03156 ETH on Uniswap
Image: @lookonchain

An address linked to the Binance hot wallet exploit suffered a near-total loss on a multimillion-dollar token transfer after dumping into an illiquid decentralized pool. According to on-chain tracking service Lookonchain, the exploiter sold 908,793 PROM tokens valued at roughly $5 million into a nearly empty Uniswap V2 liquidity pool, receiving only 0.0316 ETH, or approximately $71.[2]

On-chain records show the transaction was executed by the address labeled Binance Hot Wallet Exploiter 2 on Oct. 31, 2026, at 04:28:47 UTC on Ethereum block 26310356. The transaction swapped 908,792.88 PROM through the Uniswap V2 router for 0.031560305 ETH, valued at $71.45 at execution time.[2][3]

Commentators and media outlets, including BSCN and Justin Wu, noted the severe slippage error and identified the perpetrator behind the Binance attack as North Korean state-sponsored actors.[1][3]

Key facts

  • The address labeled Binance Hot Wallet Exploiter 2 swapped 908,792.88 PROM tokens for 0.031560305 ETH via Uniswap V2.
  • The PROM tokens were valued at roughly $5 million, while the ether received was worth about $71.
  • The swap occurred on Ethereum block 26310356 on Oct. 31, 2026, at 04:28:47 UTC.
  • Lookonchain reported that the near-total loss occurred because the hacker sold into a nearly empty Uniswap V2 liquidity pool.
  • BSCN and commentator Justin Wu attributed the Binance exploit to North Korean hackers.

Sources · 3 sources

  1. BS

    BSCN@BSCNewsPost on X ·

    The Binance hacker made a BIG mistake... According to data from @lookonchain, the @Binance hacker, now confirmed as North Korean actors, lost $5 million worth of crypto in a foolish transaction. The hacker used a nearly-empty @Uniswap pool to sell roughly $5M worth of $PROM tokens, receiving just $71 worth of $ETH in return...

    Open source
  2. LO

    Lookonchain@lookonchainPost on X ·

    The Binance hacker made a $5M mistake while dumping altcoins! The hacker sold 908,793 $PROM (worth ~$5M) into a nearly empty Uniswap V2 liquidity pool and received just 0.0316 $ETH ($71). https://t.co/3DNdmFjvRp https://t.co/l0llpzyjSi

    Open source
  3. JW

    Justin Wu@hackapreneurPost on X ·

    Crypto really has the funniest ways of humbling people North Korea’s hackers dumped 908,793 $PROM worth $5M into an empty Uniswap V2 pool They received just $71 in ETH Think about it once You can hack millions, move funds around, and still get absolutely cooked because you didn’t check the liquidity before selling Imagine explaining that PNL to your boss in North Korea

    Open source