So I was looking to add some liquidity to the ADA/DJED pool. I was looking at the candle chart for that pair and saw some pretty high wicks (up to 14ada/DJED). I went to look through the transactions and saw that one wallet was somehow able to send 10DJED for 140ADA over and over. What causes this?
P.S - I also see that the concentrated pool range is .1ada to 10.03ada per DJED and I can not change the trading parameters. I thought in a concentrated liquidity pool the user can set what price range they want their liquidity to be used.
P.S.S - this wallet might be an owned wallet from MuesliSwap because the ADA Handle is MuesliSwapV3. I would still like to know what is happening when 10djed can be swapped for 140ada.
Thank you for your help and info!
Users stake key:
stake1uyg3axnf3dlc6ccrre8vsf6kfc539tfrmywzupytn8epczq7flspl
Users Address:
addr1zyq0kyrml023kwjk8zr86d5gaxrt5w8lxnah8r6m6s4jp4g3r6dxnzml343sx8jweqn4vn3fz2kj8kgu9czghx0jrsyqqktyhv
TX Hashes:
87e4fee677d1379d65d2043f8cbeeedbc099189cc88d59686950ff1bf5522a02
eccdc2da7e26440e85d6c6db5c320425dbbd31cfdb24835268b129a2aa3293c5
8f3a1e6090a13b58150079a6573d99b5f256b9aeca1ea578cd990680dd2d9118
46c1b54069cd99b29c84e0f254f4ec6d3461208b337f392f381db23b49588599
352d00808b5d399779a7721b338aadd1c535c4c1ae232d27dce2f5e635b1e11f