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Some giga-brain just farmed a $1.86M profit off a dex leverage protocol bug without taking an L. - Margin withdrawal doesn’t nuke orders, just raises liq price. So they built a bot on arbitrum to pull just enough funds to force liquid short fills without crashing funding rate. - Another bot runs cross-exchange arbitrage, yanks funds from arbitrum, slams cex, fills liquid long gaps at max speed to keep the loop tight. - Once funding stabilizes, mass withdrawals trigger, and eth gets liquidated at peak prices max slippage, max profit. Literal infinite money glitch. Quant teams wish they had this playbook.
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