Uniswap V3 User Mistakenly Loses Over $700,000 in Liquidity Pool Transaction
This morning, a Uniswap V3 user lost over $700,000 in just 12 seconds due to an MEV-related transaction. The user mistakenly added $1.56 million worth of wrapped BTC to a liquidity pool, thinking it was worth the same as the Curve DAO token (CRV) in USD. However, they received 1.56 million CRV in return, which was only worth around $850,000 at the time. MEV bots took advantage of the situation, but the most successful only made a profit of around $260 after paying a $527,000 bribe to validators. Mistakes like this are not uncommon in the crypto world and are often referred to as "fat finger" errors.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin price prepares for ‘70% to 80%’ gain as onchain metrics and spot BTC ETF inflows spike
Experts Anticipate a Surge for SUI Cryptocurrency Based on Positive Indicators
In Brief SUI cryptocurrency shows optimism through positive technical indicators. Experts believe SUI is poised for a potential upward movement. Institutional predictions suggest significant price levels could be reached for SUI.
Massive OM Token Burn Sparks Investor Debate and Market Tension
In Brief Mullin announced a significant burn of 300 million OM tokens to reduce supply. Investor confidence is shaken as whale movements raise concerns about potential sell-offs. Market sentiment remains crucial as analysts call for additional measures for recovery.
Who is Patrice Evra, French football legend, set to speak at Token 2049 Dubai?
Trending news
MoreCrypto prices
More
