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MEV robots exploit arbitrage opportunities to turn $100 ETH into $37,000 COMBO

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#DeFi
$COMBO
$ETH
$UNI
TechFlow
321Words
Sep 6, 2024


Deep Tide TechFlow news, according to Arkham's disclosure, MEV Bot 0x12F purchased $COMBO tokens worth $37,000 for only 0.05 $ETH (about $100).


The reason behind this operation is that an unfortunate user just sold $37,000 worth of $COMBO tokens in a Uniswap liquidity pool with extremely low liquidity, but only received a return of $27. To ensure that this transaction is included in the block, the MEV bot paid a fee of $30,000 to the block builder.


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