
Lookonchain|Jun 17, 2025 09:55
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
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink