According to a post by SolanaFloor on X, a suspected MEV bot executed an MEV-style pool price manipulation attack on Meteora’s ANB pool, converting $0.22 in USDC to $696,000 in USDC in a single transaction. The ANB token plummeted by 99%.
Suspected MEV bot manipulates Meteora pool to gain 696,000 USDC
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Summary
A suspected MEV bot exploited the ANB pool on Meteora, converting 0.22 USDC into 696,000 USDC in a single transaction. This caused the ANB token price to drop 99%. Transaction volume surged during the event, drawing attention to altcoins to watch in the DeFi space. The incident underscores the risks in liquidity pools amid rising MEV activity.
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