😱 A trader was able to exchange 1 SPK for $19,687 after the launch of token trading, almost completely emptying the liquidity pool. This was stated by Lookonchain analysts.
🤔 Experts explained that this was possible due to an error by user teochew.eth, who created an SPK/USDT pool before trading and provided 19,998 USDT as one-way liquidity. 🤑 He wanted to set a rate at which 1 USDT is equal to 19.93 SPK, but mixed up the order and indicated the opposite - 1 SPK costs 19.93 USDT.
😵💫 As a result, the trader took advantage of the inflated rate and received almost all USDT liquidity in exchange for one token. At the time of the transaction, the cost of SPK was $0.05.
