Trader turns 16 BNB into 465 BNB by shadowing CZ wallet MARSCOIN burn

A trader made one of the biggest recorded gains in MARSCOIN by closely tracking CZ's public wallet and buying at the exact moment 4,444 MARSCOIN were burned, according to Lookonchain. The wallet spent 16 BNB, worth about $9,645, to acquire 84.61 million MARSCOIN and sharply raised gas price (transaction fee bidding on BNB Chain) to several hundred or even thousands of times the normal level to get ahead in execution. After the token price doubled, the trader sold half the position for 16.4 BNB, recovering the initial outlay, then gradually took profit on the remainder. The final total reached 465 BNB, about $282,000, for an overall 29x return, making the wallet the most profitable address in MARSCOIN, Lookonchain said.

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Trader turns 16 BNB into 465 BNB by shadowing CZ wallet MARSCOIN burn - CoinPost Terminal