List of Flash News about crypto arbitrage opportunity
Time | Details |
---|---|
2025-06-17 09:54 |
Trader 0x7ef29 Sells 1 SPK for 19,687 USDT Due to SPK/USDT Liquidity Pool Error – Crypto Market Impact
According to Lookonchain, trader 0x7ef29 executed a sale of 1 SPK for 19,687 USDT after a critical misconfiguration in the SPK/USDT liquidity pool by teochew.eth. Before SPK trading went live, teochew.eth created the pool and unintentionally added 19,998 USDT as single-sided liquidity, aiming for a rate of 1 USDT to roughly 19.93 SPK but made a setup error. This resulted in an extremely favorable price for the seller and highlights the trading risks of early-stage DeFi pools, especially those with single-sided liquidity. Such incidents can lead to abnormal price action and present both arbitrage opportunities and heightened volatility for SPK (source: Lookonchain, Twitter, June 17, 2025). Traders should exercise caution with new token launches and monitor liquidity pool configurations closely. |