Nicola Nert
@nicolan
The “unlucky” MEV bot took out an $11.7 million flash loan, but only made $20. According to Arkham, the automated software performed a “sandwich attack” on a user who tried to exchange $5,000 worth of Shuffle (SHFL) tokens for WETH. The slippage on the transaction was about 2%. In total, the bot made 14 transactions using the DeFi protocols Balancer, Aave, and Uniswap. After completing the transactions and paying for gas, the profit was just over $20.
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