Monitoring CZ’s Wallet, Trader Snipes MARSCOIN, Earning $282,000 in Hours
1 hours ago
According to Lookonchain monitoring, a trader executed a high-profit MARSCOIN transaction within hours by tracking CZ’s public wallet. On-chain data shows that at the exact same time CZ’s wallet burned 4,444 MARSCOIN, the trader quickly deployed 16 BNB (valued at approximately $9,645) to purchase 84.61 million MARSCOIN. To outpace other traders, the trader raised the gas price to hundreds or even thousands of times the normal level, paying a $9.93 transaction fee. After the purchase, the trader adopted the strategy of “withdraw principal after doubling”: selling about 42.3 million MARSCOIN for 16.4 BNB to recover the initial investment, leaving the remaining position essentially a “zero-cost” holding. The trader did not liquidate immediately afterward, instead selling the remaining 42.3 million MARSCOIN in batches to avoid exiting too early if the token price continued to rise. Ultimately, the trader sold the remaining tokens for a total of 465 BNB, equivalent to approximately $282,000 at the time.
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Trader Scores $282K With 29x Return Monitoring CZ's Wallet
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