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Vida Recounts Earning $1 Million Through BROCCOLI714 Hack

2 hours ago

**BROCCOLI714 Hack Recap: Equation News Founder Vida Nets $1M+** On January 1, 2026, Equation News founder Vida recapped the morning’s BROCCOLI714 hack on X (formerly Twitter)—and her $1 million gain from the event. Within 30 minutes, she spotted BROCCOLI714’s price surge over 30% due to the hack, quickly closing her pre-existing arbitrage position. Her original $500,000 arbitrage hedging position had turned into an $800,000 spot holding and a $500,000 futures contract; closing it locked in a $300,000 profit. Next, she noticed a $5 million buy wall (10% depth) on Binance’s BROCCOLI714 spot market, while the contract market only had a $50,000 buy wall at the same 10% depth. Binance’s main order book showed BROCCOLI714 had a $40 million market cap and a $26 million buy wall—leading her to infer either a user account hack or a bug in the market-making system. After confirming the hacker’s $26 million stake in the spot order book, she realized the hacker planned to pump the spot market to lift contract prices and exit via contracts (as long as the hacker didn’t cancel spot buy orders, prices would keep climbing). With this insight, Vida began attempting to go long BROCCOLI714 USDT perpetual contracts every 5–10 seconds on her trading terminal. A filled order signaled the circuit breaker window had passed, meaning contracts would be pumped next. Eventually, she got the chance and added another ~$200,000 to her long position at an entry price of $0.046 per contract. When the hacker partially canceled their orders, Vida suspected Binance’s risk control team had stepped in. At 04:20:52.732 Beijing time on January 1, 2026, she started dumping all her accumulated BROCCOLI714 spot and contract positions—including her original $200,000 position and the additional $200,000—regardless of price, ultimately cashing out $1.5 million.
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