- Trader Gains $1.5M from a New Year pricing anomaly on Binance.
- Incident exposes exchange risk-control gaps in the new Small BROCOLLI 714 tokens.
The Crypto Trader named Vida has made over $1.5 million in a single day after he exploited the unusual pricing behavior from Binance, involving the new small token BROCOLLI714. This pricing anomaly happened on January 1, 2026, when the massive 26 million order was placed in the Binance spot market, which started the collapse.
How Market Distortion Became a Profitable Trade
VIDA was doing low Arbitrage Trading with Broccoli714, which can gain small and stable profits. On Jan 1, he found something strange happening. The price of the Broccoli 714 has been rising very high, and Vida’s Trading alerts started sending an unusual number of alerts. The Spot price was pumping hard, but the future price was not following, which is unusual as they normally move together. When he saw the Order book, he was shocked that there was a $26 million buy order sitting just below the market price. This makes Vida notice something, as the token’s total market cap is about $40 million, and he concluded that this is from the Binance bug or a hacked account.
The Trader suddenly changed his plan; instead of staying neutral, he went for buying the Token aggressively. He knew once the Binance system unlocked, the Price of the tokens would jump massively. Eventually, he entered $200k in long positions, which is protected by the $26 million buy wall. The market started moving fast, and he knew that once Binance noticed the anomaly, it would disappear, so he sold everything at the top before the crash and gained $1.5 million in profit. After the big buy order disappeared, the trader even made a profit by entering a short position and gained massively. He made money from both long and short.
Sharp Reversal Exposes Gaps in Market Controls
After the Incident happend, Binance said there was no Hack and no stolen accounts. This means that some wealthy Trader has made a huge mistake, or the Trading system would have broken badly. But the exchange has not publicly clarified whether this incident was caused by the system malfunctioning or the wealthy trader’s mistakes. This shows how small tokens can easily be distorted, and the traders can rapidly profit during the system failures.
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Source: https://thenewscrypto.com/how-one-trader-exploited-a-rare-binance-trading-anomaly-to-earn-1-5-million-in-a-day/
