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.
In This News
Coins
$ 0.013
-0.95%
$ 0.0000517
$ 0.00031
$ 0.00366
-3.43%
$ 0.00126
-1.55%Funds
Share:
In This News
Coins
$ 0.013
-0.95%$ 0.0000517
$ 0.00031
$ 0.00366
-3.43%$ 0.00126
-1.55%Funds
Share:
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Suspected Manipulation on Binance Sends Meme Coin Wild, Trader Wins Big
Share:
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.
In This News
Coins
$ 0.013
-0.95%$ 0.0000517
$ 0.00031
$ 0.00366
-3.43%$ 0.00126
-1.55%Funds
Share:
In This News
Coins
$ 0.013
-0.95%$ 0.0000517
$ 0.00031
$ 0.00366
-3.43%$ 0.00126
-1.55%Funds
Share:
Read More
Hyperliquid Overtakes Coinbase in Trading Volume, Challenging Crypto Exchange Hierarchy