High front-running transactions observed on ZEST launch: a trader paid around $343,000 as a "bribery fee" and made a profit of about $277,000.
According to Odaily, monitoring by Lookonchain shows that a trader participated in early trading for the token ZEST using a sniping strategy, paying approximately 536.88 BNB (about $343,000) as a “bribe fee” to obtain priority transaction execution.
The trader then invested an additional $600,000 USDT, purchasing about 18.3 million ZEST during the opening phase, with a total cost of around $943,000.
Subsequently, the trader sold all their holdings, recovering around $1.22 million, ultimately achieving a net profit of about $277,000. This event once again highlights the high activity of MEV (Maximal Extractable Value) and sniping behavior in on-chain trading during the launch phase of new tokens.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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