Dancing Bot, Lost Millions: How 0x3face Made $271K in Seconds — Arb of the Year
EigenPhi, Wisdom of DeFi · 3:30
A trading bot called "0x3phase" made about $271,000 in profit in under a second on April 13, 2024, legally, through crypto arbitrage. It borrowed money with a flash loan and placed two trades in an exact order, taking...