The trader executed a stablecoin swap worth 220,764 USD, which resulted in a loss of almost 98% of its value due to a Maximum Extractable Value (MEV) attack.

The MEV bot profited over 215,500 USD by front-running the initial transaction, manipulating the USDC liquidity before reinserting it post-execution.

Experts speculate the attacked trader may have been a target for money laundering and faced multiple sandwich attacks throughout the day, potentially costing them a total of 1,310,000 USD.