Key takeaways
- BAL fell 12% in the past 24 hours, dropping below $0.90.
- If the bearish momentum continues, the coin could retest the April 8 low at $0.739.
BAL slides below $0.85 after Balancer hack
BAL, the native token of the Balancer platform, has lost significant value over the last 24 hours, falling about 5% in one day and ranking among the weaker performers in the market. The decline followed a major exploit of the Balancer protocol on Monday, during which roughly $110 million worth of digital assets were stolen.
Reportedly stolen funds included osETH, WETH, and wstETH. The attacker drained approximately 6,850 osETH, 6,590 WETH, and 4,260 wstETH from Balancer. Security firm Decurity identified the breach as the result of improper access control in the “manageUserBalance” function.
manageUserBalance at @Balancer has an incorrect access check
In _validateUserBalanceOp it checks msg.sender against the op.sender supplied by the user. This allows executing UserBalanceOpKind.WITHDRAW_INTERNAL (kind = 1) https://t.co/UBUdD8RGsa pic.twitter.com/KlaYPv56bf
— Defimon Alerts (@DefimonAlerts) 3 November 2025
The vulnerability allowed the attacker to trigger internal balance withdrawals from Balancer’s smart contracts without proper authorization.
BAL could slip below $0.80 if selling pressure persists
Since the hack was disclosed on Monday, BAL has declined about 12%, breaking an important daily support level at $0.915. The 4-hour BAL/USD chart turned decisively bearish after the rapid sell-off recorded for the pair.
Technical indicators are signaling further downside: the daily RSI sits around 43, below the neutral 50 and inside bearish territory, while the MACD line crossed into negative territory over the weekend, reinforcing the downward bias.
After falling beneath the $0.9150 support, bulls now need to defend the next key level near $0.735. That support has held since April 8, and a failure there could open the path to BAL’s yearly lows.
Conversely, a recovery would require BAL to climb back above the $0.9150 area and hold above that level for several hours or days. Achieving that would improve the outlook and allow the token to attempt a move above the psychological $1.00 mark again.