A sophisticated market manipulation attempt unfolded on Binance as a hacker gained control of a market maker’s accounts and attempted to move stolen funds through coordinated trading activity. The attacker’s objective was clear: convert compromised capital into clean liquidity by engineering an artificial price surge in a low-liquidity token. To execute the plan, the hacker selected $BROCCOLI(714), a thinly traded asset with shallow order book depth, making it highly susceptible to price distortion. According to on-chain analysis shared by Lookonchain, the attacker initiated aggressive spot market buying, while simultaneously opening long perpetual futures positions across multiple accounts in a textbook
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