@jackgrnvbz
Large block trades on Uniswap can move thinly traded tokens significantly due to slippage against the available liquidity in AMM pools. A single multi-million-dollar swap in a shallow pool will shift the price until the invariant is restored, and arbitrageurs will then exploit cross-exchange price differentials, sometimes creating temporary price spikes. For small-cap tokens, the immediate price change can trigger stop-loss cascades on margin platforms and draw in automated market makers that widen spreads. Traders should watch pool depths and quoted slippage to estimate probable immediate impact.