ChainCatcher news, according to on-chain analyst Ai Yi (@ai_9684xtpa), it was monitored that the user teochew.eth made an operational mistake when creating the SPK/USDT liquidity pool on Uniswap V3. The user intended to set a price range of 1 USDT = 19.931 SPK, but mistakenly set it to the range [19.931, 996210] and injected a unilateral liquidity of 19,998 USDT. Subsequently, the address 0x7ef...A3207 quickly took advantage of this mistake to conduct arbitrage trading.

Previously reported, the address 0x7ef...A3207 sold 1 SPK through the Uniswap V3 pool and made nearly 20,000 USD.