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FUN Token Drops 95% on Uniswap After Binance Exploiter Sells Large Holdings
(2 hours ago) · 1 source · Summarized by CryptoBipto
The FUN token experienced a 95% price decline in a Uniswap liquidity pool after an address linked to a previous Binance exploit sold a large amount of the token. The sudden sell-off overwhelmed the available liquidity in the decentralized exchange pool, causing the dramatic price drop.
WHY IT MATTERS
This event illustrates how decentralized exchanges work differently from traditional ones.
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SOURCES
- thedefiant.io
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