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MEV Explained: Ethereum’s Top Sandwich Bot Made $295 million, Then Shed $7.5 million
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A single Ethereum contract has pulled in more than 117,000 ETH, roughly $295 million at current prices, sandwiching other traders since March 2023, and in June, an anonymous attacker turned its own playbook against it for a $7.5 million payday.
Key facts
- Hackers stole $3.4 billion in crypto in 2025 and topped $1 billion again in the first half of 2026
- A single Ethereum contract has pulled in more than 117,000 ETH, roughly $295 million at current prices, sandwiching other traders since March 2023, and in June, an anonymous attacker turned its own
- Builder concentration is starker with Titan’s own builder operation assembling 50.3% of blocks outright, with Quasar and Buildernet each around 16%
- Earlier this year in June, an unidentified attacker deployed 66 fake token contracts on Ethereum, dressing them up as familiar names like WETH, USDC, and USDT
Summary
JaredfromSubway.eth’s bot has extracted over 117,000 ETH (~$295M) from trades since March 2023. An attacker drained the sandwich bot of $7.5M in June 2026 using 66 fake token contracts. Three relays route 88% of MEV-Boost blocks, and Titan alone builds more than half of them. Earlier this year in June, an unidentified attacker deployed 66 fake token contracts on Ethereum, dressing them up as familiar names like WETH, USDC, and USDT.