A crypto trader in charge of the wallet designated 0x30f10c… has managed to turn a $9,645 investment into roughly $282,000 in just a few hours by closely monitoring the public wallet activity of Binance founder Changpeng Zhao’s, also known as CZ.
When CZ burned 4,444 Marscoin (MARS) tokens, the trader spent 16 Binance Coin (BNB), worth about $9,645 at the time, to purchase 84.61 million MARS within the same second, according to the latest Lookonchain data.
To secure an early position, the trader reportedly set a gas price hundreds or even thousands of times higher than normal, paying $9.93 in transaction fees.
After the purchase, they used a “2x and take out the initial investment” strategy, which allowed the position to double. Once that happened, they sold 42.3 million MARS tokens, more or less 50% of their holdings, for 16.4 BNB, effectively recovering the original investment. As a result, the trader had 42.3 million MARS left as profit.
0x30f10c… total profit
We współpracy z: https://finbold.com/crypto-trader-turns-9-6k-into-282000-in-hours/
