The bot performed various complex transactions involving different DeFi protocols and borrowing $200 million in stablecoins.
A crypto trading bot programmed to perform arbitrage trades made various complex moves within the Ethereum blockchain, including taking a $200 million flash loan, all to secure a mere $3.24 profit.
On June 14, blockchain analysis firm Arkham Intelligence shared a breakdown of the bot’s movements. According to the firm, the transaction was made by an arbitrage bot that uses flash loans.It was part of an arbitrage transaction with a net profit of... $3?
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