Key Points
- BAL fell 12% over the past 24 hours and dropped below $0.90
- The token could retest the April 8 low near $0.739 if the bearish momentum continues
BAL slips below $0.85 after Balancer hack
BAL, the native token of the Balancer platform, lost value following a major exploit that hit the protocol on Monday. Over the past 24 hours the token declined about 5% and is among the worst-performing assets in the market amid fallout from the attack, which saw roughly $110 million in digital assets stolen.
Reports indicate the stolen assets included osETH, WETH and wstETH. The attacker drained approximately 6,850 osETH, 6,590 WETH and 4,260 wstETH from Balancer pools. Security firm Decurity attributed the breach to an improper access control check in the contract function manageUserBalance.
manageUserBalance in @Balancer had an incorrect access check
In _validateUserBalanceOp it compares msg.sender to op.sent provided by the user, allowing UserBalanceOpKind.WITHDRAW_INTERNAL (kind = 1) https://t.co/UBUdD8RGsa pic.twitter.com/KlaYPv56bf
— Defimon Alerts (@DefimonAlerts) November 3, 2025
This vulnerability allowed the attacker to trigger unauthorized internal balance withdrawals from Balancer’s smart contracts, enabling the large-scale drain.
BAL may dip below $0.80 if selling pressure persists
Since the hack was reported, BAL has erased about 12% of its value and breached a key daily support at $0.915. The 4-hour BAL/USD chart has turned decisively bearish following the swift sell-off recorded after the exploit.
Technical indicators point to heavy selling pressure. The daily RSI sits around 43, below the neutral 50 level and within bearish territory. The MACD has crossed into negative territory over the weekend, reinforcing the downward bias.
After falling beneath the $0.9150 support, bulls must now defend the next major support at $0.735. That level has held since April 8, and failure to protect it could open the door for a new yearly low for BAL.
Conversely, if BAL recovers from this sell-off, it will need to reclaim the $0.9150 area—now acting as resistance—within the coming hours or days. Regaining that level would improve the chances of pushing back above the psychological $1.00 mark.