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Solana arbitrage bot King loses about $786,000 in suspected exploit

NewsFeeds update

One of Solana's longest-running arbitrage bots, King, which has cumulative profit and loss of $7.2m, was drained of about $786,000, including 4,260 WSOL, 191 SOL and $366,000 in stablecoins, Onchain Lens said.

AltcoinsOdailyAIBearish

Read the original on Odaily

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Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.