According to Odaily Planet Daily, in the past day, the MEV bot using the ENS domain name "jaredfromsubway.eth" spent more than 210 ETH (about $810,000) on gas fees on the Ethereum network. According to Etherscan data, this amount accounts for nearly 1.5% of all gas fees on the network during the period, making it the address with the most gas fees on the Ethereum network. The bot conducts high-frequency trading, especially targeting on-chain Meme coin traders. Ethereum Meme coin has recently seen a recovery. From February 2023 to June 2024, the bot spent a total of 76,916 ETH, which is about $175 million based on the value when these transactions were executed.