๐จAttention BTC enthusiasts! Ethereum, the second-largest blockchain network, recently suffered a significant setback due to a sandwich attack, losing over $9K. ๐ฑ 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. ๐
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. ๐ฐ
Despite the setback, the Ethereum Foundation's address still holds substantial assets, totaling $3.687 million. ๐ผ However, this incident serves as a reminder of the significant risks associated with the blockchain ecosystem. ๐
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! ๐ง๐ช