JaredFromSubway MEV Bot Drained $7.5M via Approval Trap — ETH Leverage Risk & DeFi Contagion Analysis
JaredFromSubway's MEV bot was drained of ~$7.5M via a fake-liquidity approval trap; ETH holds near $1,734 but elevated exploit headline risk makes high-leverage positions on both sides vulnerable to wick-driven liquidations within the $1,703–$1,779 range.