Arkham: A MEV bot lent $12 million in flash loans but made less than $20 in profit
An MEV bot has just lent $12 million in flash loans for less than $20, according to an Arkham post on X. The MEV bot was reportedly sandwiched between a user trying to convert $5,000 worth of SHFL into WETH, with a slippage of around 2%.
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