Jaredfromsubwaya named MEVboot, arbitrageAnd fast purchase saleas a result of transactions It raised $34 million in three months.
In the crypto industry MEV your boots its popularity is increasing day by day. This software tool can make its user rich as a result of the transactions it performs in the crypto money market.
Especially Ethereum In the network, it is observed that bots receive intense transactions and earn large sums of money. Finally a MEVboat, three months raised $34 million . This profit comes from arbitrage and fast trading.
MEV Bot Makes Money with Arbitrage and Fast Trading
Generally Ethereumprefer the network MEV bots make money on arbitrage transactions and fast trades called sandwich attacks. These fast trades follow any trader’s order and trade accordingly.
created in February Jaredfromsubway MEV boot He also earned millions of dollars with these methods. The bot, created by one or more anonymous users, put $34 million in its vault. This algorithm, which jammed other crypto users on the network and allowed high-frequency fast trades, quickly became a phenomenon.
to EigenPhiAccording to this, as this mev bot becomes active and earns more money, it will become a part of the Ethereum network. in 60 percent can take place. More of Jaredfromsubway, a developer nicknamed Nox MEVHe said he saw the opportunity.
