A trader preemptively bought two cryptocurrencies, $Dark Horse and $Laozi, making a short-term arbitrage profit of approximately $88,000.

PANews reported on January 13 that, according to Lookonchain, address 0x2b42 acted swiftly after $Heima and $Laozi were listed on Binance Alpha, purchasing 293.26 BNB (approximately $267,000) for both cryptocurrencies and then selling most of them, recovering 341.46 BNB (approximately $310,000). Currently, 0x2b42 still holds 5.24 million $Laozi (approximately $44,500), for a total unrealized profit of approximately $88,000.

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Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

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