#spk #spklisting

The trader just sold 1 SPK for 19.6k USDT!

How did this even happen?

Before launching the SPK trading, the user teochew.eth created a SPK/USDT liquidity pool and deposited 19,998 USDT — single-sided liquidity (only in USDT).

He wanted to set the rate: 1 USDT = 19 SPK (that is, SPK was supposed to cost about 0.05 USDT).

But he made a mistake in the settings — and set it the other way around: 1 SPK = 19k USDT.

As a result, the trader 0x7ef29 quickly took advantage of the situation and sold 1 SPK for almost $20K, withdrawing all the liquidity from the pool.

Wow… And I just closed SPK in short. ))