Someone Flash Loaned $200M From MakerDAO to Make $3 Profit

An arbitrage bot flash loaned $200 million worth of the dai stablecoin from MakerDAO on Wednesday, making a $3.24 profit after transaction fees.

https://www.coindesk.com/markets/2023/06/14/someone-flash-loaned-200m-from-makerdao-to-make-3-profit/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

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Some people are just really good at finding opportunities to profit even if it means taking out a **hugely massive $200 Million Flash Loan from MakerDAO**, only to earn a meager profit of $3.24 after transaction fees! It begs the question - did they do it for the money or just for fun? These days, with how things are going in the crypto world, I guess anything is possible; you can make huge moves just with some small capital investment... or not haha 😜

🤦🏻‍♂️🤷🏻‍♂️🤦🏻‍♂️🤷🏻‍♂️🤦🏻‍♂️🤷🏻‍♂️🤦🏻‍♂️

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