Binance delists Flow pairs, adds FLOW to risk watch after $3.9M hack
Binance removed nine FLOW spot trading pairs and added FLOW plus three other tokens to its monitoring/watchlist after a December 27, 2025 exploit on the Flow blockchain that resulted in about $3.9 million of fraudulent FLOW being minted. The exploit triggered roughly a 40% price drop and stressed liquidity across exchanges. Binance said the actions follow token reviews, flagged the tokens for higher volatility and risk, traced and froze the attacker’s remaining funds on its platform, and urged Flow to publish a detailed post‑mortem. Flow Foundation halted a proposed chain rollback after user criticism, continued parallel recovery steps to restore Cadence and EVM functionality, and is working to remediate fraudulent tokens and fully restore the ecosystem with a full post‑mortem expected within days. Binance warned any recovery mechanism should exclude exchange wallets to avoid complicating user balances. Key SEO keywords: Binance, Flow, FLOW, exploit, hack, delist, monitoring tag, blockchain recovery, liquidity.
Bearish
The exploit, minting of fraudulent FLOW, and Binance’s removal of nine FLOW spot pairs plus a monitoring tag are negative signals that increase short-term selling pressure and reduce liquidity for FLOW. Immediate impacts: a ~40% price drop, exchange liquidity stress, and listed delists/flags reduce on‑exchange demand and complicate market-making, making sharp further downside likely in the near term. Mid-term: freezing attacker funds and Flow’s recovery steps (no rollback, planned remediation and post‑mortem) could stabilize confidence if remediation proves effective and exchanges restore pairs, but uncertainty about token supply (fraudulent FLOW) and potential exclusion of exchange‑held balances from recovery mechanisms will keep risk premia elevated. Long-term: if Flow fully remediates fraudulent tokens and transparency from the post‑mortem reassures markets, the negative price impact could fade; however, reputational damage, regulatory scrutiny, and possible permanent liquidity migration could suppress recovery. Overall, immediate sentiment and price pressure are bearish for FLOW until clarity on total affected supply and remediation/exchange relisting occurs.