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MEV bot earns $1M but loses everything to a hacker an hour later

In a Twitter (NYSE:TWTR) thread, Robert Miller, who works at the research firm Flashbots, shared how a Maximal Extractable Value (MEV) bot with the prefix 0xbadc0de was able to earn 800 Ether (ETH), around $1 million, through arbitrage trades.

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Source: Cryptocurrency - investing.com

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