The trader swapped 1,126.44 of Ether (ETH) but only received 5,776 Lighter (LIT) tokens. In other words on the news: A trader who swapped $2.01 million worth of Ether on a decentralized exchange has been left with just $14,500 worth of tokens after a router directed the order through a low-liquidity pool, allowing an Ethereum block builder to profit massively from a same-block arbitrage trade.
This is not the first time that I have been reading this and it will not be the last time. And this is what people will always say:
One crypto trader noted the $2 million loss could have been prevented had the victim read the transaction route before signing the transaction.
That it can be prevented, but it is happening and causing loss of huge amount of money.
