Ethereum, the second-largest blockchain network, recently suffered a substantial setback through a sandwich attack, losing over $9K. This data highlights an increasing problem of sandwich attacks in the crypto sphere, with over $1.3 million lost through such schemes in the past 30 days on the Ethereum chain.

On Oct. 9, the Ethereum network experienced a significant sandwich attack by the MEV bot (0x00…6B40), resulting in a profit of approximately $4,060 after factoring in costs. MEV bots are well-known for extracting miner-extractable value in blockchain transactions.

Despite this significant setback, the foundation’s address retains substantial assets, including 240.68 ETH, 3.238 million USDC, 49,700 DAI, and 10,000 ARB, totaling $3.687 million.

A closer examination of Eigenphi’s analysis suggests that there has been significant activity from sandwich attackers recently. Within 24 hours prior to the reports, 85 sandwich attackers managed to generate profits totaling $22.9K. Over the past seven days, approximately 20.4K victims have been reported, with 123 attackers accumulating profits of $239.4K. In the last 30 days alone, attackers have profited a minimum of $1.38 million through sandwich attacks.

Although the Ethereum chain remains the primary target, BSC chains closely follow suit, with attackers earning $497.4K in the past 30 days. These recent incidents serve as a clear reminder of the significant risks associated with the blockchain ecosystem, which can impact anyone.