Key Takeaways
- BAL fell 12% in the last 24 hours and dropped below $0.90.
- If the bearish trend continues, the token could retest the April 8 low near $0.739.
BAL slides below $0.85 after Balancer exploit
BAL, the native token of the Balancer platform, has declined about 5% in the past 24 hours, making it one of the weaker performers on the market. The bearish move follows a major exploit on Monday, when the DeFi protocol Balancer lost roughly $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 Balancer. Security firm Decurity attributed the breach to a faulty access control check in the manageUserBalance function.
manageUserBalance in @Balancer has an improper access control
In _validateUserBalanceOp it checks msg.sender against the user provided op.sender. This allows executing 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 trigger internal balance withdrawals from Balancer’s smart contracts without proper authorization.
BAL could fall below $0.80 if selling continues
Since news of the hack on Monday, BAL has shed roughly 12% of its value and broke a key daily support level at $0.915. The 4-hour BAL/USD chart turned bearish and showed inefficiency following a rapid sell-off in the pair.
Technical indicators are signaling strong selling pressure. The daily RSI sits at 43, below the neutral 50 and inside bearish territory. MACD lines have also shifted into negative territory over the weekend, reinforcing the downside bias.
If BAL drops below $0.9150, bulls will need to defend the next major support near $0.735. That level has held since April 8; a failure to hold it could open the door to an annual low for BAL.
Conversely, any recovery would require BAL to reclaim $0.9150 in the coming hours or days, which could set the stage for a move back above the psychological $1.00 mark.