FLOW Hits New Lows After Exploit Triggers Exchange Restrictions
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FLOW’s price collapse accelerated on December 27, when the token plunged more than 50% in a single day, hitting a new all-time low of $0.079 on Binance.
The sell-off followed a security incident that prompted major South Korean exchanges Upbit and Bithumb to suspend FLOW deposits and withdrawals. Upbit later designated FLOW as a “trading caution asset,” allowing only withdrawals once services resume.
These exchange-level restrictions amplified market pressure, adding to months of underperformance and intensifying concerns about liquidity and user confidence around the token.