A main wallet tied to the Binance exploit sold FUN on Uniswap, sending the token down 95% in that liquidity pool, according to The Defiant. The same exploiter address also sold RAD and OGN through Uniswap. Separately, roughly 580.8 million FUN that had not been sold was transferred back to a collection wallet. The report did not provide further detail on what would happen next with those remaining tokens. The move adds to market attention on how exploit-linked wallets unwind positions on decentralized exchanges, especially when liquidity is limited and large sales can sharply move pool pricing. In this case, the reported selling pressure hit FUN the hardest, while RAD and OGN were also part of the address’s activity.
A main wallet tied to the Binance exploit sold FUN on Uniswap, sending the token down 95% in that liquidity pool, according to The Defiant. The same address also sold RAD and OGN on Uniswap.
FUN, RAD and OGN were sold on Uniswap
The report said the main exploiter address sold several tokens through Uniswap, including FUN, RAD and OGN. FUN saw the sharpest move in the pool, with the price there falling 95%.
About 580.8 million unsold FUN moved back to a collection wallet
Beyond the tokens already sold, about 580.8 million FUN that remained unsold was transferred back to a collection wallet. The input did not disclose any next step for those tokens.
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