‘Unlucky' MEV bot takes out huge $12M loan just to make $20 in profit

An MEV bot took out a $11.9 million loan to sandwich attack a user, but barely made enough to cover lunch.

An “unlucky” Maximum Extractable Value (MEV) bot took out a staggering $12 million flash loan but ended up only making $20 from its exploits, just enough to buy an actual sandwich. 

In a Sept. 5 post to X, blockchain analytics platform Arkham Intelligence shared that the MEV bot took out a $11.97 million loan in Wrapped Ether (WETH) to “sandwich” a user trying to swap around $5,000 worth of Shuffle (SHFL) tokens. 

Source: Arkham Intelligence

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An MEV bot took out a $11.9 million loan to sandwich attack a user, but barely made enough to cover lunch.
An “unlucky” Maximum Extractable Value (MEV) bot took out a staggering $12 million flash loan but ended up only making $20 from its exploits, just enough to buy an actual sandwich. In a Sept. 5 post to X, blockchain analytics platform Arkham Intelligence shared that the MEV bot took out a $11.97 million loan in Wrapped Ether (WETH) to “sandwich” a user trying to swap around $5,000 worth of Shuffle (SHFL) tokens. Source: Arkham IntelligenceRead more