Flash Library Arbitrage Robot uses around 4 ETH of large stocks for over 80,000 USDC of arbitrage.

According to PANews, the flash library robot arbitrage facility uses up to 4 ETH in fuel costs for arbitrage over $ 80,000 at Uniswap. The flash receiver robot monitors the arbitration space and consumes around 4 ETH of fuel, causing the "giant whale" to buy around 40,000 ETH at a time for around 18 million USDT for Uniswap, at a cost of more than 10% ETH for Uniswap. I did. Over 80,000 USDC in arbitrage value. The hash of the transaction is 0x01afae47b0c98731b5d20c776e58bd8ce5c2c89ed4bd3f8727fad3ebf32e9481. If you look at the trade history displayed by Etherscan, you will see that the trade has 6 levels, including acceptance and redemption, with a total of 15 token transfers. The Flash Loan is part of the DeFi business, which means that it is about completing the loans and repayments in the same chain transaction without collateral, and in addition to borrowing and repayment, developers will participate to each other in the chain of loan and repayment. The use of capital is very familiar.