Insider Trading

Teach

How MEV Bots work:

I work with a bunch of semi-unregulated "CEXs" where when I place a metric assload of orders, they let me do it without fees. Now, I load up my bot and set my eyes on $crapcoin, which may be a few days old, or could be years old and no one's doing the same strat, so it's profitable.

I set orders that are free, at the CEX. I place orders 1, 2, 3, 4, 5, 6, 7, 8, 9, 10. Then I take and make orders to simulate real volume, driving pricing wherever I want. But there's about to be some big news for $crapcoin, huge news, everyone says it's the best news. I don't actually care about $crapcoin, I like money. 

I also can only drive the price up and down so much without more interested buyers.

Along comes an interested real buyer, they caught wind of it on twitter, and they've been playing with $50, turned it into $1000. They come in and place a limit order for crapcoin for the $1000.

Study this.

How MEV Bots work, & how you become lunch. 

h/t to @kingbook.eth with the wisdom drop in /teach

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