According to Foresight News, according to Cointelegraph monitoring, the MEV robot using the ENS domain name jaredfromsubway.eth spent 49 ETH transaction fees in a single transaction tonight, worth about US$171,000.
Previously, the bot performed high-frequency trading, particularly targeting on-chain meme coin traders. From February 2023 to June 2024, the bot spent a total of 76,916 ETH, which is approximately $175 million based on the value at the time these trades were executed.