Key points
- Over the past 24 hours BAL fell 12% and dropped below $0.90.
- If the bearish trend persists, the coin could retest the April 8 low at $0.739.
BAL falls below $0.85 after Balancer exploit
BAL, the native token of the Balancer platform, lost 5% of its value in the last 24 hours and is among the weakest performers on the market. The sell-off accelerated after Balancer, a DeFi protocol, suffered a major exploit on Monday that resulted in the loss of about $110 million in digital assets.
Reports indicate the stolen assets included osETH, WETH and wstETH. The attacker drained 6,850 osETH, 6,590 WETH and 4,260 wstETH from the Balancer platform. Security tool Decurity showed the breach occurred due to faulty access control in the protocol’s manageUserBalance function.
manageUserBalance in @Balancer has a broken access check
In _validateUserBalanceOp it checks msg.sender against op.sender provided by the user. This allows execution of UserBalanceOpKind.WITHDRAW_INTERNAL (kind = 1) https://t.co/UBUdD8RGsa pic.twitter.com/KlaYPv56bf
— Defimon Alerts (@DefimonAlerts) Nov 3, 2025
The vulnerability allowed the attacker to initiate internal withdrawals from Balancer’s smart contracts without proper authorization.
BAL could slip below $0.80 if selling continues
Since the exploit was reported on Monday, BAL has declined about 12% and lost a key daily support level at $0.915. The 4-hour BAL/USD chart turned bearish and showed inefficient price action following the rapid sell-off.
Technical indicators are also bearish, signaling strong selling pressure. The daily RSI sits around 43, below the neutral 50 and in bearish territory. On the same timeframe, MACD lines have moved into negative territory, reinforcing the downside bias.
After slipping beneath the $0.9150 support, bulls will need to defend the next important support around $0.735. That level has acted as support since April 8, and failure to hold it could open the door to an annual low for BAL.
Conversely, if BAL can recover from this sell-off, it must reclaim the former support-turned-resistance at $0.9150 within the coming hours or days. Regaining that level would be necessary to push back above the psychological $1.00 mark.