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Trader Turns $9.6K Into $282K Tracking CZ’s Wallet


Trader Turns $9.6K Into $282K Tracking CZ’s Wallet

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On Aug 16 a trader turned about $9,600 into roughly $282,000 in under five hours by mirroring CZ's public wallet when it burned a batch of MARSCOIN tokens and buying immediately. On-chain tracker Lookonchain flagged the wallet as the day's most profitable MARSCOIN address, highlighting how on-chain monitoring of CZ can drive rapid crypto trading, token price moves and speculative adoption.

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A trader turned roughly $9,600 into about $282,000 in under five hours on August 16 by watching Changpeng “CZ” Zhao’s public wallet burn a batch of MARSCOIN tokens and buying into the same coin the instant it happened.

On-chain tracker Lookonchain flagged the wallet as the single most profitable address trading MARSCOIN that day, and the trade has become a case study in how closely some traders now watch CZ’s every on-chain move.

Read the article at CryptoPotato

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In This News

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$ 0.0401

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