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Trading Bot Uses $200M Flash Loan To Conduct Deals, Ends Up With Paltry $3 Profit
Wednesday, June 14, 2023 - 1:12pm | 601An automated trading bot recently performed a complex series of transactions on the Ethereum (CRYPTO: ETH) blockchain. According to The Block, the transactions involved a flash loan of $200 million and yielded a minuscule net profit of $3.24. Flash loans are essentially loans without...