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Suspected Manipulation on Binance Sends Meme Coin Wild, Trader Wins Big


Suspected Manipulation on Binance Sends Meme Coin Wild, Trader Wins Big

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Unusual trading activity in the low-liquidity meme coin BROCCOLI(714) on Binance was flagged on January 1 after the asset experienced an abrupt price surge followed by a sharp reversal.

The volatility allowed pseudonymous trader “Vida” to generate around $1 million in profit by reacting quickly to abnormal market signals.

Read the article at CryptoPotato

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Coins

$ 0.0189

-1.11%

$ 0.0000332

$ 0.00673

-3.77%

$ 0.00165

-10.4%

Funds

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In This News

Coins

$ 0.0189

-1.11%

$ 0.0000332

$ 0.00673

-3.77%

$ 0.00165

-10.4%

Funds

Predictions Markets

See what traders are focused on

View analytics →
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