But placing such big a trade order on a relatively low-liquidity pool seems to have spelled financial disaster: The buyer ended up purchasing WIF at as high as $3 as prices spiked immediately, in line with how decentralized exchanges work, before prices plunged back down to 15 cents, close to the level before the buys, leaving the trader with a slippage loss of over $5.7 million.
Related posts
-
How High Can Bitcoin Go In 2025? Legendary Trader Reveals
Este artículo también está disponible en español. Legendary trader Peter Brandt, with nearly five decades of... -
Bitcoin, political meme coins explode as Trump wins election race
Disclosure: This article does not represent investment advice. The content and materials featured on this page... -
Pepe up 15% but this meme coin might see bigger gains
Disclosure: This article does not represent investment advice. The content and materials featured on this page...