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Sweeper bots burn $4,800 in Bitcoin fees chasing $12.67

Crypto Briefing·November 1, 2026·1 min read
Sweeper bots burn $4,800 in Bitcoin fees chasing $12.67

Sweeper bots burned $4,800 in Bitcoin fees while chasing a $12.67 target, highlighting inefficiencies in bot operations. Miners benefit inadvertently from competitive fee escalations. The incident underscores how automated bidding wars can wipe out profits and inflate network fee revenue.

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