Lately, I've been so focused on cross-DEX price spreads that I got dizzy, only to realize that many "opportunities" are basically just others setting me up with fee traps. Especially with large swaps, it looks like the slippage isn't big at first glance, but the next second you're hit with a sandwich attack—sandwiches are more precise than an alarm clock, eating a little first and then spitting out the leftovers. Anyway, when I see suddenly widened spreads, my first reaction isn't to rush in, but to think: is someone queueing up, waiting for me to become fuel?

In the group these days, everyone’s talking about stablecoin regulation, reserve audits, and rumors of potential de-pegging. As soon as emotions run high, everyone's hands get itchy, and the on-chain chatter gets even livelier. The more these situations happen, the easier it is to see arbitrage as a lifeline, but often it’s just working for the MEV guys… I just do small tests, if I can run, I run; if I can't escape, I treat it as tuition—just sticking with that for now.