A MEV robot spends 49 ETH transaction fees on a single transaction
According to Cointelegraph, the MEV robot using the ENS domain name "jaredfromsubway.eth" spent 49 ETH transaction fees, worth about $171,000, on a single transaction tonight.
Previously, it was reported on June 6 that the robot conducted high-frequency trading, especially for on-chain meme coin traders. From February 2023 to June 2024, the robot spent a total of 76,916 ETH, which is about $175 million based on the value of these transactions at the time of execution.