MEV bot paid a record commission for a transaction on the Ethereum blockchain

on November 1, 2024, another case of excessive commission costs occurred on the Ethereum network ETH $3,376.57 Bridged Ether (StarkGate) 3.03% Market capitalization $0.3 billion VOL. 24 hours $1.56 billion : The MEV bot jaredfromsubway. eth paid 46.07 ETH (more than $ 118 thousand) for one transaction. The incident once again drew the attention of the crypto community to the problem of high fees in the network.

MEV bots, which use the Maximal Extractable Value mechanism to generate additional profit by manipulating the order of transactions in a block, have become an integral part of the Ethereum ecosystem. However, their activities have raised concerns about the impact on network stability and the level of fees.

The jaredfromsubway. eth bot currently has about 164 ETH (over $ 416 thousand) on its account. According to the Debank platform, this is not the first time this bot has made significant expenditures — in June 2024, it spent 212.85 ETH (about $ 820 thousand) on commissions in just one day.

The crypto community is actively discussing the need to limit the impact of MEV bots on the network. Experts emphasize the importance of optimizing the commission system and finding solutions to reduce costs when conducting transactions on the Ethereum blockchain.