I just made another stupid mistake… I chased a single on-chain order, trying to follow the pace, and I was afraid of missing out, so I increased my slippage all at once. In the end, the pool depth wasn’t deep enough at all—so the price got pushed up by me. The fill was also split into multiple parts, and I ended up burning a bit more in trading fees as well. To put it plainly, it wasn’t the market that trapped me—it was that I placed the order too quickly and didn’t notice how thin the order book was at that moment.

Later I realized that the same group of wallets actually weren’t “front-running.” They were testing the waters with small amounts first, then using the average price of the executed trades that came back, and only slowly breaking the orders down to push forward—keeping their timing very measured. In my review this time, I just remembered two things: don’t use large slippage as a show of courage; if the depth isn’t enough, don’t force it. And if you really want to enter, split your orders into a few chunks and leave yourself time to back out.

By the way, the group chat is also circulating rumors again about stablecoin regulation and reserve audits, those “possible de-pegging” concerns. Once people’s emotions kick in, they’re even more eager to go all in with one click… Anyway, I’ll stay calm first. I’d rather make a little less than be taught a lesson again by my own fast hands.