đ¨ THIS TRADER BOUGHT JUST 1 $SPK FOR19,687 USDT
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 poolâs $USDT â 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) â a loss of $19,965.
Always double-check your price range settings when adding liquidity â one reversed pair can cost you everything.
