Trader turns 16 BNB into 465 BNB by tracking CZ wallet

A trader made a high-return MARSCOIN trade within hours by monitoring CZ's public wallet, Lookonchain said on Aug. 17. When the wallet carried out a 4,444 MARSCOIN token burn (permanent removal from circulation), the trader spent 16 BNB, worth about $9,645, to buy 84.61 million MARSCOIN and pushed the gas price (the fee bid used to speed a transaction) to hundreds or even thousands of times normal levels, paying $9.93 in fees to get ahead of other traders. After the position roughly doubled, the trader sold about 42.3 million MARSCOIN for 16.4 BNB to recover the initial outlay, leaving the rest as an effectively zero-cost position. The remaining 42.3 million MARSCOIN were then sold in batches rather than all at once, as the trader sought to avoid exiting too early if the token kept rising, and those sales eventually totaled 465 BNB, or about $282,000 at the time.

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