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.
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