Content
@
0 reply
1 recast
2 reactions
Hytopia Worlds
@hytopiaworlds
Solana sandwich bot makes $30M from MEV arbitrage in 2 months. MRGN Research’s Ben Coverston says the Solana-based MEV bot has made an active effort to date to keep a low profile. One of the bot’s largest wallet addresses is “9973h…zyWp6,” which Coverston believes is primarily being used for cold storage. “It is quite inactive and, judging by its behavior, is almost certainly a locked-down, cold wallet,” Coverston said. According to Solana explorer site SolanaFM, the wallet holds a little over $19 million in total funds, which includes $17 million worth of Solana tokens and $1.1 million in Circle’s USD Coin It also holds small amounts of wrapped-SOL (wSOL), Cringe Coin (CRINGE) and Kabosu (KAB) are also held.
0 reply
0 recast
0 reaction
