Jesse creator coin was immediately targeted upon launch, with 26% of the supply being bought up in the same block for an arbitrage of 1.3 million dollars.
PANews, November 21 - According to tracking data from Arkham, Jesse Pollak, co-founder and protocol head of Base, faced a sniper attack on the day the creator Token was launched. After injecting 50 million Tokens into the liquidity pool, 262 million Tokens (26% of the supply) were bought in the same Block. Two sniper Addresses profited approximately $707,700 and $619,600 respectively. Among them, Address 0x9F59…d8bB purchased a 7.6% share for $191,000, paid a $44,000 tip to the Base sequencer, and then sold all for a profit of approximately $619,600. This action was implemented through Flashbots deployed on the Base chain, allowing for early observation of the next Block's transaction content.
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Jesse creator coin was immediately targeted upon launch, with 26% of the supply being bought up in the same block for an arbitrage of 1.3 million dollars.
PANews, November 21 - According to tracking data from Arkham, Jesse Pollak, co-founder and protocol head of Base, faced a sniper attack on the day the creator Token was launched. After injecting 50 million Tokens into the liquidity pool, 262 million Tokens (26% of the supply) were bought in the same Block. Two sniper Addresses profited approximately $707,700 and $619,600 respectively. Among them, Address 0x9F59…d8bB purchased a 7.6% share for $191,000, paid a $44,000 tip to the Base sequencer, and then sold all for a profit of approximately $619,600. This action was implemented through Flashbots deployed on the Base chain, allowing for early observation of the next Block's transaction content.