MEV Bots Turned $0.10 Into $196,000 in Seconds by Exploiting an ANB Price Gap on Solana

[ed]

Automated trading bots extracted approximately $1.32 million from Ant Blockchain token ANB in a matter of blocks after a large sell order created a massive price dislocation across two Meteora liquidity pools on Solana. The mechanics were straightforward: an 8 billion token ANB sell hit a Meteora DAMM v2 pool with 99% price impact, crashing the price in that pool while the same token continued trading at its previous price in a parallel Meteora DLMM pool. The gap between the two pools created an arbitrage window that MEV bots could exploit atomically, buying ANB in the cheap pool and immediately selling it in the expensive pool within a single transaction before the price had a chance to equalize.The scale of the returns was extraordinary even by MEV standards.

The largest single trade converted approximately $0.227 in USDC into $696,000, spending only 2.32 SOL in priority fees to secure execution priority through Jito bundle infrastructure. One wallet turned $0.10 into $196,000. Another flipped $0.036 into $86,714. Multiple wallets repeated the strategy across two consecutive blocks until the price gap closed, collectively extracting $1.32 million in total profit. Solana's fast block times and Jito's bundle infrastructure were critical enablers, allowing bots to clear the round trips before human traders or slower automated systems could compete. ANB's market cap fell 99% during the extraction event and has continued declining since.

[tradelikepro]

Someone turned $0.036 into $86,714 and paid 2 SOL in fees to do it, the return on priority fees here is difficult to contextualize with normal financial language.

[JanEmil]

Smart move.