Trader 0x7ef29 just sold 1 $SPK for 19,687 $USDT!

How did that happen?

Before $SPK trading went live, teochew.eth created a SPK/USDT liquidity pool and added 19,998 $USDT as single-sided liquidity.

He intended to set the rate at 1 $USDT = 19.931<>996210 $SPK, but mistakenly set it as 1 $SPK = 19.931<>996210 $USDT.

As a result, the moment trading opened, trader 0x7ef29 swapped just 1 $SPK for almost all of the pool’s $USDT — walking away with 19,687 $USDT.

By the time teochew.eth noticed the mistake, most of the liquidity was gone.

He withdrew what was left: 32.92 $USDT and 4.69 $SPK ($0.31) — a loss of $19,965.

Always double-check your price range settings when adding liquidity — one reversed pair can cost you everything.

https://etherscan.io/tx/0xba0c406fd9d52632d3baebe13bfd53b3eea4aba72d875ff2d1ba62cc8a8b3df3

https://etherscan.io/address/0xdde3e2024e270d6022d1bb4e8745e9dc6d82e0bc#tokentxns