Data: A certain MEV bot spent over 210 ETH in gas fees in the past day, becoming the address with the highest gas fee expenditure on Ethereum
ChainCatcher news, according to The Block, in the past day, the MEV bot operator using the ENS name "jaredfromsubway.eth" has spent over 210 ETH (approximately $810,000) on gas fees on the Ethereum network.According to data from Etherscan, this amount accounts for nearly 1.5% of all gas fees on the network during that period, making it the address with the highest gas fee expenditure on the Ethereum network. The bot engages in high-frequency trading, particularly targeting on-chain meme coin traders. Ethereum meme coins have recently seen a resurgence.From February 2023 to June 2024, the bot has spent a total of 76,916 ETH, which is approximately $175 million based on the value of these transactions at the time they were executed.