Kailyđź’™
@kaily
💀 A “hapless” MEV bot took out an $11.7 million instant loan, but only earned $20 According to Arkham, the automated software conducted a “sandwich attack” on a user trying to exchange $5,000 worth of Shuffle (SHFL) tokens for WETH. The slippage on the transaction amounted to about 2% The bot completed a total of 14 transactions using the Balancer, Aave, and Uniswap DeFi protocols. After completing the transactions and paying the gas, the profit was just over $20
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