{"id":422803,"date":"2026-03-25T10:09:15","date_gmt":"2026-03-25T04:39:15","guid":{"rendered":"https:\/\/dripp.zone\/news\/miss-this-warning-and-you-too-could-lose-99-9-in-one-swap-while-ethereum-bots-walk-away-with-the-rest-crypto-news\/"},"modified":"2026-03-25T11:18:57","modified_gmt":"2026-03-25T05:48:57","slug":"miss-this-warning-and-you-too-could-lose-99-9-in-one-swap-while-ethereum-bots-walk-away-with-the-rest-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/miss-this-warning-and-you-too-could-lose-99-9-in-one-swap-while-ethereum-bots-walk-away-with-the-rest-crypto-news\/","title":{"rendered":"Miss this warning and you too could lose 99.9% in one swap while Ethereum bots walk away with the rest &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<p>A crypto trader lost over $50 million in <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/aave\/\">Aave<\/a>-wrapped <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/tether\/\">USDT<\/a> on March 12 after sending a single large order through the DeFi lending protocol&#8217;s swap interface and clearing a slippage warning on a mobile device.<\/p>\n<p><a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/etherscan.io\/tx\/0x9fa9feab3c1989a33424728c23e6de07a40a26a98ff7ff5139f3492ce430801f\">Data<\/a> from Etherscan shows the wallet swapped $50.43 million aEthUSDT for 327.24 aEthAAVE through CoW Protocol in Ethereum block 24,643,151.<\/p>\n<p>At the current AAVE price of $111.52, the returned tokens were worth roughly $36,100, leaving an implied loss of about $49.96 million relative to the original order size.<\/p>\n<p>The trade drew immediate attention across crypto markets because of its scale and because it moved through one of decentralized finance\u2019s largest venues. Aave is the largest DeFi lending protocol with over $1 trillion in total cumulative lending.<\/p>\n<p>Following the incident, Aave revealed plans to contact the affected user and return about $600,000 in fees collected from the transaction. CoW Protocol said it would also refund any fees sent to CoW DAO.<\/p>\n<div class=\"cs-article-embed\"> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/crypto-liquidity-crisis-causes-major-price-slippages-during-sell-offs-kaiko-reports\/\" class=\"cs-article-embed__link\"><\/p>\n<div class=\"cs-article-embed__media\"> <noscript><\/noscript><img class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2024\/08\/crypto-etp-outflow-1024x538.jpg\" alt=\"Crypto liquidity crisis causes major price slippages during sell-offs \u2013 Kaiko\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">Crypto liquidity crisis causes major price slippages during sell-offs \u2013 Kaiko<\/h3>\n<p class=\"cs-article-embed__summary\">The liquidity concentration issues got worse since the launch of spot Bitcoin ETFs in the US, adding risks of sharp weekend price swings.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Aug 12, 2024<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Gino Matos<\/span><\/p>\n<\/div>\n<p> <\/a><\/div>\n<h2>Who is the victim?<\/h2>\n<p>Blockchain analytics platform Lookonchain <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/lookonchain\/status\/2032293192201277894\">said<\/a> the wallet behind the swap may belong to Garrett Jin, a popular crypto trader known as the\u00a0BitcoinOG1011short.<\/p>\n<p>Lookonchain said on-chain tracing identified 13 wallets that may belong to Jin. It said those wallets received USDC or USDT from <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/binance\/\">Binance<\/a> on Feb. 16 and Feb. 20, then became active again on Thursday and moved funds to two new wallets.<\/p>\n<p>One of those wallets, Lookonchain said, shared the same Binance deposit address as Garrett Jin.<\/p>\n<p>The claim drew significant attention because Jin has already been linked to other large, closely watched crypto trades.<\/p>\n<p>Last October, online sleuths tied him to a $735 million short position on Bitcoin opened through Hyperliquid shortly before <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/trump-tariff-threat-against-china-causes-bitcoin-to-fall-3-807m-in-liquidations\/\">President Donald Trump threatened additional tariffs on China<\/a>.<\/p>\n<p>The <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/the-big-bitcoin-short-who-shorted-btc-before-trumps-tariff-post-to-bank-200-million\/\">trade, which made up to $200 million in profit,<\/a> later fueled speculation about advance knowledge because it arrived just before a broader market selloff.<\/p>\n<p>However, Jin rejected that narrative, saying the capital belongs to clients. He added that his team runs nodes and provides in-house insights, and that he has no connection to the Trump family.<\/p>\n<p>As of press time, Jin had yet to confirm any link to the $50 milion loss.<\/p>\n<div class=\"cs-article-embed\"> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/the-big-bitcoin-short-who-shorted-btc-before-trumps-tariff-post-to-bank-200-million\/\" class=\"cs-article-embed__link\"><\/p>\n<div class=\"cs-article-embed__media\"> <noscript><img width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/crypto-market-manipulation_-1024x538.jpg\" alt=\"The Big Bitcoin Short: This guy made $200M timing Trump's tariff post perfectly\" loading=\"lazy\" decoding=\"async\"\/><\/noscript><img class=\"lazyload\" width=\"1024\" height=\"538\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2025\/10\/crypto-market-manipulation_-1024x538.jpg\" alt=\"The Big Bitcoin Short: This guy made $200M timing Trump's tariff post perfectly\" loading=\"lazy\" decoding=\"async\"\/><\/div>\n<div class=\"cs-article-embed__body\"> <span class=\"cs-article-embed__related-reading\">Related Reading<\/span><\/p>\n<h3 class=\"cs-article-embed__title\">The Big Bitcoin Short: This guy made $200M timing Trump&#8217;s tariff post perfectly<\/h3>\n<p class=\"cs-article-embed__summary\">The record $19 billion liquidation spree is reviving debate over whether crypto trades tied to policy leaks could ever qualify as insider trading.<\/p>\n<p> <span class=\"cs-article-embed__meta-item\">Oct 13, 2025<\/span> <span class=\"cs-article-embed__meta-divider\">\u00b7<\/span> <span class=\"cs-article-embed__meta-item\">Liam &#8216;Akiba&#8217; Wright<\/span><\/p>\n<\/div>\n<p> <\/a><\/div>\n<h2>Ethereum middlemen share the windfall<\/h2>\n<p>While the trader absorbed the loss, other participants in <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coins\/ethereum\/\">Ethereum\u2019s<\/a> execution chain captured the spread released by the order.<\/p>\n<p>Emmet Gallic, an analyst at <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/arkham-intelligence\/\">Arkham Intelligence<\/a>, said a maximal extractable value, or <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/coinbase-loses-300k-to-rogue-mev-bots-after-token-swap-blunder\/\">MEV, bot arbitraged the transaction<\/a> across Uniswap and SushiSwap pools.<\/p>\n<p>In Ethereum markets, MEV refers to profits captured by automated traders when they react to pricing gaps created during block execution.<\/p>\n<p>Gallic <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/emmettgallic\/status\/2032189975781929076\">said<\/a> the bot paid Titan Builder 16,927 ETH, worth about $34.8 million. Titan Builder then paid 568 ETH, or about $1.2 million, to the Lido validator associated with the block proposal and kept about 16,359 ETH, or roughly $33.6 million. The bot operator was left with about $10 million in gains.<\/p>\n<figure id=\"attachment_524125\" aria-describedby=\"caption-attachment-524125\" style=\"width: 680px\" class=\"wp-caption aligncenter\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-524125\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/HDPJtb3bQAE6Pr-.png\" alt=\"Ethereum MEV and Block Builder\" width=\"680\" height=\"368\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/HDPJtb3bQAE6Pr-.png 680w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/HDPJtb3bQAE6Pr--300x162.png 300w\" sizes=\"auto, (max-width: 680px) 100vw, 680px\"\/><\/noscript><img loading=\"lazy\" decoding=\"async\" class=\"lazyload size-full wp-image-524125\" src=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/HDPJtb3bQAE6Pr-.png\" alt=\"Ethereum MEV and Block Builder\" width=\"680\" height=\"368\" srcset=\"https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/HDPJtb3bQAE6Pr-.png 680w, https:\/\/cryptoslate.com\/wp-content\/uploads\/2026\/03\/HDPJtb3bQAE6Pr--300x162.png 300w\" data-sizes=\"(max-width: 680px) 100vw, 680px\"\/><figcaption id=\"caption-attachment-524125\" class=\"wp-caption-text\">MEV Bot Pays Titan Builder (Source: Arkham Intelligence)<\/figcaption><\/figure>\n<p>As a result, Titan Builder generated the highest revenue among crypto platforms in the last 24 hours, according to DeFiLlama <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/defillama.com\/revenue\">data<\/a>.<\/p>\n<h2>Aave and CoW say the user was warned about the transaction<\/h2>\n<p>Meanwhile, the DeFi protocols Aave and CoW have both defended their platforms in this loss, stating that the user received a clear warning notice before the order was executed.<\/p>\n<p>Aave founder <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/people\/stani-kulechov\/\">Stani Kulechov<\/a> <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/StaniKulechov\/status\/2032193345414664659\">explained<\/a> that the user had manually overridden a warning signal that flagged unusually high slippage and then proceeded with the swap on mobile.<\/p>\n<div id=\"cs-inline-newsletter-69c3246796c55\" class=\"cs-inline-newsletter\" data-inline-newsletter=\"\">\n<div class=\"cs-inline-newsletter__inner\">\n<div class=\"cs-inline-newsletter__content\"> <span class=\"cs-inline-newsletter__eyebrow\">CryptoSlate Daily Brief<\/span><\/p>\n<h3 class=\"cs-inline-newsletter__title\">Daily signals, zero noise.<\/h3>\n<p class=\"cs-inline-newsletter__copy\">Market-moving headlines and context delivered every morning in one tight read.<\/p>\n<p> <span><i class=\"fa-regular fa-bolt\" aria-hidden=\"true\"\/> 5-minute digest<\/span> <span><i class=\"fa-regular fa-star\" aria-hidden=\"true\"\/> 100k+ readers<\/span><\/p>\n<\/div>\n<div class=\"cs-inline-newsletter__form-shell\">\n<p class=\"cs-inline-newsletter__privacy\">Free. No spam. Unsubscribe any time.<\/p>\n<p> <i class=\"fa-regular fa-circle-xmark\" aria-hidden=\"true\"\/> <span>Whoops, looks like there was a problem. Please try again.<\/span><\/p>\n<p> <i class=\"fa-regular fa-circle-check\" aria-hidden=\"true\"\/> <span>You\u2019re subscribed. Welcome aboard.<\/span><\/p>\n<\/div>\n<\/div>\n<\/div>\n<p>According to him:<\/p>\n<blockquote>\n<p>\u201cThe transaction could not be moved forward without the user explicitly accepting the risk through the confirmation checkbox.\u201d<\/p>\n<\/blockquote>\n<p>He described the result as \u201cclearly far from optimal\u201d and said Aave\u2019s team would review stronger safeguards around similar trades.<\/p>\n<p>CoW Protocol gave a similar account, while <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/CoWSwap\/status\/2032265762916757614\">explaining<\/a> that:<\/p>\n<blockquote>\n<p>\u201cThere\u2019s no indication of a protocol exploit or otherwise malicious behavior. The transaction executed according to the parameters of the signed order.\u201d<\/p>\n<\/blockquote>\n<p>CoW also said available public and private liquidity sources could not support a reasonable fill for an order of that size.<\/p>\n<p>Their explanation placed the focus on execution conditions rather than software failure. The route searched for available liquidity, found a path, and carried the order across venues that repriced as the size moved through them.<\/p>\n<p>The warning flow recorded the user\u2019s approval before the trade reached the market.<\/p>\n<h2>Improving DeFi user experience<\/h2>\n<p>As a result, the episode has brought renewed attention to how <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/podcasts\/multi-chain-defi-to-boost-user-friendliness\/\">DeFi interfaces handle oversized orders.<\/a><\/p>\n<p>Suhail Kakar, a developer relations executive at <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/cryptoslate.com\/companies\/polymarket\/\">Polymarket<\/a>, said the incident showed a gap in DeFi user protections rather than a failure of the underlying contracts.<\/p>\n<p>He said Aave and CoW Swap executed the trade as designed, but warned that a mobile confirmation flow should not stand between a user and a $49.9 million loss due to slippage.<\/p>\n<p>Kakar added that wallets and frontends should more clearly show the expected dollar loss and introduce stronger controls for oversized orders, including mechanisms that split large trades into smaller transactions.<\/p>\n<p>In response, Kulechov said Aave would implement stronger safeguards to prevent a recurrence, while CoW <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/x.com\/SuhailKakar\/status\/2032246865274744876\">said<\/a> the trade showed the need to keep improving the DeFi user experience.<\/p>\n<p>According to CoW:<\/p>\n<blockquote>\n<p>\u201cPreventing users from making trades removes choice and can lead to terrible outcomes in some situations (e.g. a market crash). That said, trades like these show that DeFi UX still isn\u2019t where it needs to be to protect all users. As a team, we are now reviewing how we balance strong safeguards with preserving user autonomy.\u201d<\/p>\n<\/blockquote>\n<div class=\"post-bottom\">\n<div class=\"post-mentions-and-posted-in\">\n<div class=\"post-info-block post-mentions\">\n<header><span class=\"post-info__label\">Mentioned in this article<\/span><\/header>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>A crypto trader lost over $50 million in Aave-wrapped USDT on March 12 after sending a single large order through the DeFi lending protocol&#8217;s swap interface and clearing a slippage warning on a mobile device. Data from Etherscan shows the wallet swapped $50.43 million aEthUSDT for 327.24 aEthAAVE through CoW Protocol in Ethereum block 24,643,151. [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":422817,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-422803","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422803","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=422803"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422803\/revisions"}],"predecessor-version":[{"id":422818,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422803\/revisions\/422818"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/422817"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=422803"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=422803"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=422803"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}