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/biz/ - Business & Finance


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57583828 No.57583828 [Reply] [Original]

Anyone know what kind of bot this is?
It's buying and insta-selling shitcoins for profit somehow.

DCAK8tuwzsNowVA6eSojLHhHSDQMyECuSbu7KovyvYbm

https://solscan.io/account/DCAK8tuwzsNowVA6eSojLHhHSDQMyECuSbu7KovyvYbm#splTransfers

>> No.57583850

>enter crypto a month ago
>discover mevbot
Don't worry about it everything is fine

>> No.57583858

STOP

>> No.57583866

>>57583828
It’s based

>> No.57583904

>>57583850
If its an arbitrage bot though, how are its transactions only going through Raydium?
Surely you'd need 2 pools.

Its very strange ser.

>> No.57584090

>>57583904
dear fellow biz poster,
this is whats called a sandwich attack aka MEV. He is reading the blockchain, sees that someone made a transaction to buy, for example, GROK, and then he gets his buy order in before the person he saw on the blockchain trying to buy GROK, and then he sells immediately after, collecting a profit. i would suggest watching a youtube video to learn more

>> No.57584129

>>57584090
Cheers dude, I'll do some research.