Jaredfromsubway: MEV Bot Loses $7.71M to Hacker

Jaredfromsubway MEV bot contract suffered a $7.71 million exploit six hours ago when a hacker deployed a malicious contract to extract token approvals, seizing 1,583.5 ETH, 2.87 million USDC and 2.09 million USDT.

The attacker converted the stables into ETH, forwarded 1,000 ETH through Tornado Cash and still controls 3,426 ETH valued at $5.94 million at current prices, underscoring persistent MEV sandwich bot smart contract vulnerabilities Ethereum participants face and adding fresh chapters to jaredfromsubway MEV bot exploit history.

ETH trades at $1739.04 inside its Bollinger band with upper resistance at $1763.2; the 50-EMA at $1726.12 offers immediate support while the 200-EMA at $1871.17 caps upside, and MACD golden cross plus neutral RSI at 53.61 suggest any pullback toward the 50-EMA remains healthy before continuation.