A MEV robot spent 49 ETH in transaction fees for a single transaction
According to Cointelegraph, a MEV robot using the ENS domain "jaredfromsubway.eth" spent 49 ETH in transaction fees, worth about $171,000, in a single transaction tonight.According to Etherscan data, the robot mainly targets on-chain memecoin traders. From February 2023 to June 2024, the robot spent a total of 76,916 ETH, equivalent to $175 million.MEV (Maximal Extractable Value) strategies include gaining an advantage by manipulating the order of transactions, such as sandwich attacks. MEV robots ensure priority processing of transactions by paying high gas fees and tips.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
SEC Approves BlackRock’s Bitcoin ETF Options Trading on Nasdaq
Indian Supreme Court recovers YouTube account from XRP scammers
Bullish $27 – $33 XRP ATH Expected as Altcoin Moves Toward Massive Macro Wave 5 Phase, Will XRP Finally Shine This Cycle?
Chainlink And Fireblocks Collaboration Confirmed, Altcoin Allstar And DOGE Record Very Different 7-DA’s
Trending news
MoreCrypto prices
More
