MEV Explained: Ethereum’s Top Sandwich Bot Made $295M, Then Lost $7.5M

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A single Ethereum contract has pulled in more than 117,000 ETH, roughly $295 million at current prices, sandwiching other traders since March 2023, and in June, an anonymous attacker turned its own playbook against it for a $7.5 million payday. The Hunter Becomes the Hunted Earlier this year in June, an unidentified attacker deployed 66 […]