Automated trading bots extracted about $1.32 million by exploiting a price gap in Ant Blockchain (ANB). The dislocation appeared across two Meteora liquidity pools, according to on-chain trackers and Solana market watchers.
The largest single trade converted about $0.227 in USD Coin (USDC) into $696,000, spending only 2.32 SOL in priority fees. Multiple wallets repeated the play until the price gap closed.
A large ANB sell of roughly 8 billion tokens hit a Meteora Dynamic Automated Market Maker (DAMM v2) pool. That swap caused a 99% price impact, according to Solana analyst Kakashi.
The same token kept trading at its prior price inside a parallel Meteora Dynamic Liquidity Market Maker (DLMM) pool.
That mismatch handed bots a profitable arbitrage window. Bots could buy ANB in the cheap pool and resell it in the expensive one within a single atomic transaction.
Routing varied between two paths. Some bots cycled USDC into ANB and back into USDC. Others passed through the ANX token before reaching ANB.
Solana’s fast blocks and Jito bundle infrastructure helped Maximum Extractable Value (MEV) bots clear the round trips before the gap closed.
One wallet flipped $0.1 into $196,000. Another turned $0.036 into $86,714, according to Kakashi.
A suspected arb bot made $696K at the cost of just 2.32 $SOL, after a large $ANB swap caused 99% price impact and opened a major arbitrage,” Solana Floor indicated.
The total profit across two consecutive blocks reached about $1.32 million, per MEV tracking.
ANB’s market cap fell 99% during the run and has continued to decline.
Ant.FUN, the project behind the token, has not addressed the event publicly.
Article Source: beincrypto.com
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