Binance hacker dumps obscure 2017 token, triggering a roughly 90% price crash

A hacker who previously breached Binance sold off FUN, a little-known token launched in 2017, along with several other smaller tokens. The markets for these assets were too thin to absorb such large sell orders. As a result, FUN's price plunged by roughly 90%. The episode highlights how illiquid cryptocurrencies can collapse quickly when a single large holder liquidates.