PANews reported on October 25 that according to Lookonchain monitoring, a savvy trader made $140,000 in less than 20 minutes by monitoring Binance’s launch announcement.
The same second that Binance announced the launch of MOODENG perpetual contracts, he spent 1,300 SOL to buy 2.77 million MOODENGs, and quickly sold them for 2,109 SOL, earning 809 SOL (US$140,000).
Using the same strategy, he also earned 99 SOL ($17,000) yesterday when Binance announced the listing of the $GOAT perpetual contract.
