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 […]