This MEV Bot earned $422,522 using your $ETH!

MEV Bot

1/ I was researching tokens on the DEX exchange @dexscreener and found an interesting wallet.

I noticed his trades on the $GAMER token in which he made an impressive $91.7K making over 2k transactions.

I decided to analyze his wallet

2/ This wallet never traded tokens at all!

Gas payments are its only transactions!

It turned out that this wallet actively uses so-called MEV Bots.

3/ This thread will go about the most famous person who uses MEV Bots - jaredfromsubway.eth.

He is the highest gas $ETH payer of all time!

Just last month alone he paid $3,390,009 for gas.

4/ In the last month, he earned $422,522!

His strategy is to use Sandwich MEV Bot:

A sandwich attack occurs when an attacker "sandwiches" a user's transaction between their own two transactions, leading to potential losses for the victim & profits for the attacker.

5/ A simple explanation of the principle of Sandwich MEV Bots:

Each transaction (BUY/SELL) has a different execution speed, which depends on the amount of gas paid.

Increasing the cost of paid gas increases the speed of transaction execution.

6/ That's it!

I will tell you about the most profitable MEV Bot and its working principle - jaredfromsubway.eth.

The only thing I can say is that you probably won't be able to copy its trades! But always DYOR!

#MEVBOT #CryptoNews