CandleFocus

Sandwich attacks manipulated 35.5% of BNB Smart Chain blocks in November

Last month, a record number of blocks in the BNB Smart Chain were targeted by Sandwich attacks, reaching 35.5% of all blocks. These attacks involve manipulating the price of a crypto asset on decentralized exchanges by placing orders before and after a large transaction. This leaves victims with a higher purchase price and has affected over 43,000 DEX traders in the past week alone. There have been 645 active bots executing these attacks on the BSC network. In contrast, Sandwich attacks on Ethereum have been declining since July. The rise of Sandwich attacks coincided with a 17% surge in the price of BNB.

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