Market Capitalization:2 196 324 962 044,7 USD
Vol. in 24 hours:85 559 784 791,96 USD
Dominance:BTC 58,1%
ETH:9,84%
Market Capitalization:2 196 324 962 044,7 USD
Vol. in 24 hours:85 559 784 791,96 USD
Dominance:BTC 58,1%
ETH:9,84%
Market Capitalization:2 196 324 962 044,7 USD
Vol. in 24 hours:85 559 784 791,96 USD
Dominance:BTC 58,1%
ETH:9,84%
Market Capitalization:2 196 324 962 044,7 USD
Vol. in 24 hours:85 559 784 791,96 USD
Dominance:BTC 58,1%
ETH:9,84%
Market Capitalization:2 196 324 962 044,7 USD
Vol. in 24 hours:85 559 784 791,96 USD
Dominance:BTC 58,1%
ETH:9,84%
Market Capitalization:2 196 324 962 044,7 USD
Vol. in 24 hours:85 559 784 791,96 USD
Dominance:BTC 58,1%
ETH:9,84%
Market Capitalization:2 196 324 962 044,7 USD
Vol. in 24 hours:85 559 784 791,96 USD
Dominance:BTC 58,1%
ETH:9,84%
Market Capitalization:2 196 324 962 044,7 USD
Vol. in 24 hours:85 559 784 791,96 USD
Dominance:BTC 58,1%
ETH:9,84%
Market Capitalization:2 196 324 962 044,7 USD
Vol. in 24 hours:85 559 784 791,96 USD
Dominance:BTC 58,1%
ETH:9,84%
Market Capitalization:2 196 324 962 044,7 USD
Vol. in 24 hours:85 559 784 791,96 USD
Dominance:BTC 58,1%
ETH:9,84%
Yes
>>An illiquid pool caused a trader on Ethereum to lose $2 million, according to GoPlus Security.

An illiquid pool caused a trader on Ethereum to lose $2 million, according to GoPlus Security.

crypthub
An illiquid pool caused a trader on Ethereum to lose $2 million, according to GoPlus Security.

Ethereum Trade Loss Details

A major Ethereum transaction resulted in a reported $2 million loss following the swap of 1,126 ETH. This loss occurred within an illiquid or thin liquidity pool, where a backrunner was able to exploit significant price swings.

Industry Warning and System Improvements

The incident highlights the extreme danger associated with large trades conducted in illiquid DeFi pools. Security reports emphasize that the market requires the implementation of smarter routing systems to mitigate risks posed by volatile price movements.