Trader Turns $9.6K Into $282K Tracking CZ’s Wallet

A trader turned roughly $9,600 into about $282,000 in under five hours on August 16 by watching Changpeng “CZ” Zhao’s public wallet burn a batch of MARSCOIN tokens and buying into the same coin the instant it happened.

On-chain tracker Lookonchain flagged the wallet as the single most profitable address trading MARSCOIN that day, and the trade has become a case study in how closely some traders now watch CZ’s every on-chain move.

How the Trade Actually Worked At 08:12:55 UTC, CZ’s wallet sent 4,444 MARSCOIN to the dead address on BNB Chain, a routine burn transaction with a gas fee of a fraction of a cent.

In the very next block, one second later, wallet 0x30f1…da577 bought 84.6 million MARSCOIN using 16 BNB, worth about $9,600 at the time.