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What confuses me isn’t the $50M loss.
It’s the execution.
If you’re moving that kind of size:
•Why swap directly through a UI?
•Why not use a trading desk or OTC?
•Why not check liquidity depth and LP distribution first?
At that scale, slippage isn’t a minor detail.
And everyone in DeFi knows MEV and sandwich bots exist specifically to exploit large swaps.
Normally whales buying size like this would:
•split the order
•use RFQ / OTC desks
•or route liquidity manually across multiple pools
So the real question isn’t just “why was the routing bad?”
It’s
Why was a $50M order executed like a retail swap?
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