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5
You need to read about the crazy, shadowy world of frontrunning and MEV
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In crypto you don't HFT, you straight up frontrun (because that's not illegal there).
Check out how front-running works in crypto in the form of MEV and how some MEV searchers make 2M USD in one transaction with not having to invest capital (only for transaction cost): https://twitter.com/bertcmiller/status/1448728068353368069?t=jfbqDs7NRnqJC703Hzy-Og&s=19
Some good starting points:
https://shutter.ghost.io/what-the-heck-is-miner-extractable-value-a-series-about-mev-basics/
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