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Maniadbest

trading, learning,news
Occasional Trader
4.6 Years
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💸 Someone swapped $50.4M in USDT and received about $36K worth of AAVE. This is what happens when a huge order goes through a thin liquidity pool. The algorithm keeps filling the trade at worse and worse prices until the swap finishes. In other words, the market happily sells you the most expensive tokens on Earth. Small reminder for anyone using DEXs: set a slippage limit.#aave #PCEMarketWatch
💸 Someone swapped $50.4M in USDT and received about $36K worth of AAVE.

This is what happens when a huge order goes through a thin liquidity pool. The algorithm keeps filling the trade at worse and worse prices until the swap finishes.

In other words, the market happily sells you the most expensive tokens on Earth.

Small reminder for anyone using DEXs: set a slippage limit.#aave #PCEMarketWatch
which one will you pick?
which one will you pick?
bullish 💚
100%
bearish❤️
0%
1 votes • Voting closed
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Bullish
💰 Crypto hacks are down big in February: only about $49M lost. No miracle security breakthrough though. Attackers realized it is easier to trick users into signing approvals than to break smart contracts. Social engineering remains the best exploit in the industry.#BTC #HackerAlert
💰 Crypto hacks are down big in February: only about $49M lost. No miracle security breakthrough though.

Attackers realized it is easier to trick users into signing approvals than to break smart contracts.

Social engineering remains the best exploit in the industry.#BTC #HackerAlert
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