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Arbitrage bot on Polygon (MATIC) makes 218 ETH (or $828,000) in profits

An arbitrage bot on Polygon has been able to make around $7000 in gain daily.

Arbitrage bot on Polygon (MATIC) makes 218 ETH (or $828,000) in profits

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Per data analytics Flipside Crypto, an arbitrage bot has been able to turn 14 Ether into 218.5 Ether in less than four months.

Arbitrage bot made $6800 daily on Polygon During this period, data on the Polygon network indicated that the attacker was inflating transaction volumes by as much as 90 percent with meaningless transactions, taking advantage of the low network fees to pay 0.02 MATIC to spam an entire transaction block, this translated to roughly $1000 per day.

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