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Ethereum Trading Bot Strategy ‘Extracted’ $107M in 30 Days, Research Suggests

The strategy has also contributed to higher gas fees and blockchain bloat.

Updated Sep 14, 2021, 12:15 p.m. Published Feb 23, 2021, 1:40 p.m.
Trading bots are extracting value from the Ethereum mempool.
Trading bots are extracting value from the Ethereum mempool.