Ruholamin HaqshanasRuholamin Haqshanas Ruholamin Haqshanas Last updated: January 12, 2024 05:21 EST | 2 min read Disclosure: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. By using this website, you agree to our terms and conditions. We may utilise affiliate links within our content, and receive commission.
Solana‘s MEV Bot Strikes Gold: $1.8 Million Earned in Seconds from Meme Coin TradeSolana‘s MEV Bot Strikes Gold: $1.8 Million Earned in Seconds from Meme Coin TradeSource: AdobeStock / Sergey Nivens

A MEV (Maximal Extractable Value) arbitrage bot operator, known as 2Fast, has achieved a profit of $1.8 million from a single transaction bundle.

The bot, under the control of 2Fast, transformed an initial investment of 703 SOL, valued at approximately $70,000, into a whopping 19,035 SOL, equivalent to around $1.9 million.

An additional 890 SOL was generously tipped to Figment, a prominent network validator.

The feat took a mere 20 seconds, as reported by crypto user @norbertbodziony, who noticed the transaction and shared it on social media platform X.