A sly trader just flipped 9600 dollars into a cool 282000 dollars in under five hours on August 16 by lurking on Changpeng Cz Zhaos public wallet as it torched marscoin tokens then pouncing instantly 🖤
On chain tracker Lookonchain spotted this wallet as the days top profitable marscoin address turning the move into a prime example of traders shadowing CZs every on chain degen step 🌙
Trade Mechanics Unveiled 🕸️
At 081255 UTC CZs wallet sent 4444 marscoin to the dead address on BNB Chain for a routine burn with gas under a cent 💀 In the next block one second later wallet 0x30f1da577 bought 846 million marscoin using 16 BNB worth about 9600 dollars at the time
To secure that block the trader spent roughly 990 dollars in gas hundreds of times the normal rate for priority
They sold half their 423 million tokens for about 164 BNB right away covering the entry and then some 🦇
Lookonchain called it a 2x and pull initial stake setup leaving the rest risk free no matter the outcome ✨
From there the trader offloaded the rest in dozens of small sells letting marscoin climb while cashing out pieces
By the end the wallet held 465 BNB worth around 282000 dollars with exactly 0 marscoin left for a 29 times return overall
Double Edged Signal 💀
Not every follow on this signal won another wallet 0xacbf bought 615 million marscoin with 133000 USDT after the burn only to sell it all for about 22400 dollars two hours later once CZ mentioned dropping the wallet and the token crashed over 90 percent
CZ addressed the burn directly saying he was testing Trust Wallet found his address cluttered with meme coins sent by others and tried burning some to tidy up but chain transparency made it a market event 🔥
His plan now is that I will stop using this address as he warned before in January after traders chased meme tokens from his casual jokes publicly stating copy trading often ends in losses a pattern marscoins swings echoed
Just another echo from the void by iconofsin.eth 💖
