Balancer Exploit Drains $100M: What It Means for Ethereum Price
The post Balancer Exploit Drains $100M: What It Means for Ethereum Price appeared com. Key Insights: Ethereum price came under pressure after attackers drained over $100 million in ETH-linked assets in the Balancer hack. BNB Chain said its projects were unaffected and urged forks to check exposure. On-chain trackers recorded large WETH, osETH, and wstETH transfers to new wallets. On November 3, 2025, the Balancer hack made headlines. The DeFi protocol suffered a coordinated exploit that drained more than $100 million in digital assets from its vaults. The event immediately put Ethereum price and DeFi security back in the spotlight as on-chain analysts traced ETH-linked flows across multiple wallets. Ethereum Price in Focus Amid $100M Balancer Hack Ethereum price comes into focus as Balancer’s frontend and vaults were compromised in a targeted exploit that redirected users to a malicious interface. The attack resulted in significant outflows of WETH, osETH, and wstETH, all tied to Ethereum staking and liquidity network. The breach affected multiple vaults, and early data suggested nine-figure losses. Attackers automated withdrawals from Balancer’s V2 pools, which limited the team’s ability to intervene in real time. Community alerts circulated within minutes, warning users not to interact with Balancer until the platform confirmed containment. Screenshots shared across X showed wallets receiving thousands of ETH-denominated tokens within rapid block intervals. The scale of the exploit made it one of 2025’s largest DeFi incidents. Analysts said the event highlighted the ongoing risk of front-end vulnerabilities that expose users even when smart contracts remain secure. Ethereum price drew market focus because most of the stolen assets were ETH derivatives, linking the hack directly to Ethereum’s liquidity ecosystem. Analysts said the exploit might influence short-term sentiment around the Ethereum price as traders tracked outflows. As of press time, ETH price traded near $3700, down 4. 2% over the past 24 hours.
