The cunning hackers managed to accomplish this feat by acquiring tokens in pairs with great liquidity, such as Tether (USDT), and subsequently executing exaggerated limit sell orders in pairs with limited liquidity, namely Bitcoin (BTC) and USD Coin (USDC). Following this, they ingeniously initiated leveraged positions and obtained a substantial quantity of the desired asset. With their adept maneuvering, they successfully executed a cross-trade, ultimately reaping profits from their shrewd manipulation of prices.
