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Ethereum's top sandwich bot earned $295M but lost $7.5M in a June attack exploiting its own tactics.

Protocol Fundamentals
30 Aug 2026
Bitcoin
View Source
Neutral
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Since March 2023, an Ethereum sandwich bot known as JaredfromSubway.eth extracted over 117,000 ETH (about $295 million) by exploiting transaction ordering to profit from other traders. In June 2026, an attacker used 66 fake token contracts to trick the bot into approving malicious contracts, draining $7.5 million from it. This incident highlights the risks in Ethereum's MEV (Maximal Extractable Value) ecosystem, where transaction ordering can be exploited for profit. Despite a decline in sandwich attacks due to protective tools, the system remains vulnerable until upcoming protocol upgrades like Glamsterdam introduce stronger safeguards.

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