Crypto
Trader Rakes in $1M as BROCCOLI Token Price Skyrockets on Binance
A trader on Binance made approximately $1 million from an unusual price spike in the BROCCOLI (714) token on January 1, 2026.
The low-liquidity meme token surged from $0.018 to $0.16 before crashing, with tens of millions of USDT stacked on the bid side for a token with a $30-40 million market capitalization.
Binance has denied any security breach occurred, but an on-chain analyst reported that the incident involved aggressive spot buying paired with leveraged perpetual futures positions.