King, one of the longest-running arbitrage bots on Solana with a track record of $7.2 million in historical profits, has been drained of approximately $786,000. The exploit was detected by Onchain Lens monitoring.
The stolen funds included 4,260 WSOL, 191 SOL, and $366,000 in stablecoins. The incident highlights ongoing security risks facing automated trading strategies in decentralized finance ecosystems.
Solana's 'King' Arbitrage Bot Drained of $786K After $7.2M Historical Profits
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