TechBriefly
  • Tech
  • Business
  • Crypto
  • Science
  • Geek
  • How to
  • About
    • About TechBriefly
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • Languages
      • 中文 (Chinese)
      • Dansk
      • Deutsch
      • Español
      • English
      • Français
      • Nederlands
      • Italiano
      • 日本语 (Japanese)
      • 한국인 (Korean)
      • Norsk
      • Polski
      • Português
      • Pусский (Russian)
      • Suomalainen
      • Svenska
  • FAQ
    • Articles
No Result
View All Result
 Hot Topics:
  • iPhone 15 overheating
  • DALL-E 3
  • FTC Fortnite refund
  • iPhone 15
  • Binance WOTD answers (DeFi)
TechBriefly
No Result
View All Result
Home Crypto

Trader’s bot exploit yields seven-figure windfall

by Eray Eliaçık
7 August 2023
in Crypto
Reading Time: 2 mins read
Trader's bot exploit yields seven-figure windfall
Share on FacebookShare on Twitter

In a story that reads like a crypto thriller, a trader bearing the moniker 0x_Anon has managed to pull off a feat that left the entire trading community in awe and disbelief. By harnessing the power of a sophisticated bot programmed to replicate his every move, 0x_Anon artfully orchestrated a series of trades on Blur, culminating in a jaw-dropping accumulation of 800 ETH.

This tale raises crucial questions about the intricate dynamics of cryptocurrency, the boundaries of market manipulation, and the far-reaching implications for both traders and the entire blockchain ecosystem. But one question stands out above all, how to get million dollars by manipulating crypto bots?

The million-dollar dance of 0x_Anon’s manipulated bots

In a recent incident, a crypto trader named 0x_Anon was able to earn 800 ETH by manipulating a bot that copied his trades on Blur. The bot was programmed to buy and sell NFTs based on the trader’s activity, so the trader was able to artificially inflate the price of the NFTs by making a series of large trades.

Trader's bot exploit yields seven-figure windfall
This is not the first time that a bot has been manipulated in this way (Image credit)

The trader first bought a large number of NFTs at a low price. Then, he used the bot to buy even more NFTs at a higher price. This caused the price of the NFTs to increase, and the bot continued to buy more NFTs at a higher price.

The trader eventually sold all of the NFTs at a profit, and the bot was left holding a large number of worthless NFTs. The trader was able to earn 800 ETH from this manipulation, which is worth about $1.4 million at today’s prices.

How to get million dollars by manipulating crypto bots?

Please remember that this is purely a creative exercise to understand the situation. It is not an endorsement of any illegal or unethical actions, and we do not recommend any criminal activities. 

  • Understand the market: You gotta know the ins and outs of these coins – their trends, their patterns, and their vulnerabilities. It’s all about timing.
  • Identify the bots: Exchanges are crawling with automated trading bots, and they’re predictable.
  • Manipulate the flow: You flood the market with a bunch of small transactions, creating a fake trend. Bots follow trends blindly, and that’s when hackers strike.
  • Set the trap: You make a substantial buy or sell order on the opposite side of the fake trend. Bots will start to react, triggering a chain reaction.
  • Cash out: Once the bots have done their dance, you sell at the peak of the fake trend. With enough volume, you can make a killing before anyone realizes what’s happening.

The above scenario is a work of fiction and is intended solely for informative purposes and to try to explain the news. It does not endorse, encourage, or condone any illegal or unethical activities, including the manipulation of crypto bots or engaging in cybercrimes. The scenario is a product of imagination and does not provide accurate or factual information about cryptocurrency trading, hacking, or any related activities.

Engaging in illegal or unethical actions can have serious legal and ethical consequences. This fictional portrayal should not be taken as advice or guidance for real-world actions.

Tags: cryptofeaturedNFT

Related Posts

Honda Bitcoin

Now you can buy cars using Honda Bitcoin

We are all working for a scam, says Elon Musk

We are all working for a scam, says Elon Musk

Spurs token

Spurs token is out on Socios, powered by Chiliz

ByBit Hackathon

Bybit invites university students from UAE to hackaton

POPULAR

Binance Word of the Day answers: Binance Launchpad theme

What is the Dark Fantasy ad with SRK and how to join?

Binance Word of the Day answers: DeFi theme

Monster Hunter Now Fake GPS not working: How to fix

What is Instagram direct message suggested list order (explained)?

Duolingo hacks to earn more than 60K XP quickly

What does setting interrogation succeeded mean?

How to grab in Knockout Bash Rocket League?

Binance Word of the Day answers: DeFi theme

What can silence the Nightsong in BG3?

RSS News Republic

  • Meta Connect 2023: All announced products during the event
  • macOS 14 Sonoma: Enhancing performance with Game Mode
  • JESUS IS KING 2: Kanye West’s 2019 Gospel follow-up leaked
  • Enhance your AI interactions with the best ChatGPT plugins
  • What is Skibidi Toilet Syndrome?

RSS LeaderGamer

  • GTA 5 Online Strip Club: Guide (2023)
  • Starfield names – List of names that the character Vasco can say
  • Explained: VPN types and protocols
  • The Evolution and Impact of Video Games: An Analysis of Their Cultural and Social Influence
  • The Role of Cloud Computing in Driving Business Agility and Scalability
TechBriefly

© 2021 TechBriefly is a Linkmedya brand.

  • Tech
  • Business
  • Science
  • Geek
  • How to
  • About
  • Privacy
  • Terms
  • Contact
  • FAQ
  • | Network Sites |
  • Digital Report
  • LeaderGamer
  • News Republic

Follow Us

No Result
View All Result
  • Tech
  • Business
  • Crypto
  • Science
  • Geek
  • How to
  • About
    • About TechBriefly
    • Terms and Conditions
    • Privacy Policy
    • Contact Us
    • Languages
      • 中文 (Chinese)
      • Dansk
      • Deutsch
      • Español
      • English
      • Français
      • Nederlands
      • Italiano
      • 日本语 (Japanese)
      • 한국인 (Korean)
      • Norsk
      • Polski
      • Português
      • Pусский (Russian)
      • Suomalainen
      • Svenska
  • FAQ
    • Articles