🚨Attention BTC enthusiasts! Ethereum, the second-largest blockchain network, recently suffered a significant setback due to a sandwich attack, losing over $9K. 😱 This highlights an increasing problem in the crypto world, with over $1.3 million lost to such schemes in the past 30 days on the Ethereum chain. 📉
The attack involved an MEV bot, notorious for extracting miner-extractable value in blockchain transactions. It followed an Ethereum Foundation attempt to sell 1.7K Ethereum tokens through Uniswap V3, with the attacker ultimately securing profits. 💰
Despite the setback, the Ethereum Foundation's address still holds substantial assets, totaling $3.687 million. 💼 However, this incident serves as a reminder of the significant risks associated with the blockchain ecosystem. 🌐
In the past 30 days, sandwich attackers have profited a minimum of $1.38 million, primarily targeting the Ethereum chain, followed by BSC chains. Stay vigilant, crypto fans! 🧐💪