Jaredfromsubway, an MEV bot (maximal extractable value trading program) operator, lost 264 ETH worth about $505,000 after trading Ether that had been converted from roughly $7.7 million in stolen funds, Lookonchain said. The wallet sold 2,327 ETH for $3.94 million at an average price of $1,695, then used a similar amount of capital to repurchase 2,063 ETH at $1,912 each. The sequence left the address with fewer tokens after buying back at a higher price, illustrating how poorly timed crypto trading can erode holdings even when capital remains broadly similar.