Poor fellow swapped $50m -> $35k on ETH mainnet
😭
• 20 days ago, a fresh wallet received $50.4M USDT from Binance
• A few hours ago, it swapped the entire amount for just 327 AAVE (~$36K) through CoW Protocol → Sushiswap.
• Effective price paid: ~$154K per AAVE
Then the twist:
In the same block, an MEV bot flash-borrowed $29M WETH from Morpho, bought AAVE at fair value via Bancor, dumped it into the Sushiswap pool, repaid the loan… and walked away with ~$9.9M profit.
Classic reminder: liquidity + MEV bots move faster than humans.
#CreatorpadVN #AaveSwapIncident