Ant.FUN (ANB)

Have you set a remainder yet?

Today we are really going to look at something simpler:

> what really happened to $ANB as spotlight by @kkashi_yt

> MegaETH bull and bear case

It's another time to look away from the noise so don't miss out!

https://t.co/iNo3sOjk7s

Turning $0.227 into $696,000, can we call it the luckiest person in crypto?

Someone built a bot that turned $0.227 into roughly $696,000 by arbitraging $ANB.

In the past 36 hours, many wallets have performed this trade, converting under $1 into amounts ranging from $60K to $696K in a single trade, and this has been repeated many times.

$ANB fell from a market cap of around $67M to about $30M.

Here's how it happened:

$ANB has two pools on Meteora at the same time:

1. Meteora DAMM v2 where the price of $ANB is lower

2. Meteora DLMM where the price of $ANB is higher

Bots used an Arbitrage/MEV bot to:

Buy $ANB from the cheap pool (DAMM v2)

Sell it on the expensive pool (DLMM)

This allowed them to turn under $1 into thousands of dollars in a single trade.

Two routes were used:

$USDC → $ANB → $USDC

$USDC → $ANX → $ANB → $USDC

Both routes yield the same result: buy low, sell high.

$ANB is the token of Ant_fun_trade, but so far there is no information from them on X (Twitter).

The data comes from Solscan and the on-chain DEX trade history.