Binance hacker sells 908,793 PROM worth $5M for $71 on Uniswap V2

The Binance hacker who exploited the exchange in October 2022 sold 908,793 Prom (PROM) tokens — nominally worth around $5 million — for just $71 on Uniswap V2, exploiting the pool's near-total lack of liquidity. The swap collapsed the token's effective price, illustrating how thin liquidity on decentralized exchanges can render even large holdings nearly worthless at the point of sale. The trade underscores the challenges of liquidating stolen funds on-chain, as hackers must balance speed against slippage when offloading assets. It also highlights the importance of liquidity depth for both legitimate traders and illicit actors moving funds through DEXs. Watch for whether the hacker shifts remaining stolen assets to deeper pools or centralized venues, and whether Prom's liquidity providers respond by deepening the pool.