Trader on Ethereum lost $2 million after swapping 1,126 ETH in illiquid pool, GoPlus Security reported
2h ago•
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🚨 A major Ethereum trade led to a $2 million loss after swapping 1,126 ETH in a thin liquidity pool.
🧑💻 In this $ETH transaction, almost the entire value vanished as a backrunner exploited price swings for profit.
⚠️ The event spotlights the dangers of big trades in illiquid DeFi pools and calls for smarter routing systems.
Continue Reading:Trader on Ethereum lost $2 million after swapping 1,126 ETH in illiquid pool, GoPlus Security reported
The post Trader on Ethereum lost $2 million after swapping 1,126 ETH in illiquid pool, GoPlus Security reported appeared first on COINTURK NEWS.
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