Trader Bags $282K by Copying Binance Founder CZ’s Wallet Activity
A crypto trader turned roughly $9,700 into $282,000, a 29x return, by front-running Binance founder Changpeng “CZ” Zhao’s onchain token burns. Subsequently, CZ abandoned the wallet for good. How the Trade Worked According to onchain data flagged by Lookonchain, a wallet spent 16 BNB, about $9,645, along with roughly $10 in gas fees to buy […]
Key Takeaways
- A crypto trader turned roughly $9,700 into $282,000, a 29x return, by front-running Binance founder Changpeng “CZ” Zhao’s onchain token burns.
- Subsequently, CZ abandoned the wallet for good.
- How the Trade Worked According to onchain data flagged by Lookonchain, a wallet spent 16 BNB, about $9,645, along with roughly $10 in gas fees to buy […]
Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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