MEV bot consumes 7% of ETH gas while sandwiching traders
| Gas usage, Jared vs. everyone | Source: Dune Based on reports, this MEV bot has spent about 3720 ETH ($950k) in the past two months while performing about 180k transactions. On April 17, the bot made a profit of about $250k. The number surged to about $950k on April 18. By very early April 19, the bot was already in a profit of $400k. MEV bot sandwich attacks A user called Beetlejuice has been tracking data associated with the MEV bot for days. On April 15, Beetlejuice complained that Jared stole their lunch money. Later, on April 19 continued to contribute to the story of how the bot is stealing from investors. Some worried crypto users wanted to know what tokens to avoid. For instance, Porygon-z.eth @Bertrand1201 asked if its possible to know the percentage of holding the MEV bot has on a particular token. A MEV bot is eating your lunch. However, @SeaLaunch_ responded, noting that Jared is attacking multiple contracts. @SeaLaunch_ later tweeted that anyone trading NEET, PEPE, and APED, among other tokens, should use an MEV blocker to avoid a sandwich attack. Earlier today,crypto,news reported that ETH MEV bots profited $1 million through sandwich attacks. Reports indicate that MEV bots have made $100 million