Finbold
2025-10-07 12:30:31

Crypto trader turns $5,700 into $1.6 million in 2 days

A cryptocurrency trader has pulled off one of the most eye-catching wins of the week, turning a $5,756 bet into more than $1.6 million in just two days, a return of nearly 280x. On October 5, the wallet 0x8844c242cf3d0716f489579a5a968901b9e9ebb6 withdrew 5 BNB ($5,756) from Binance and swapped it on OKX DEX for 11.15 billion units of 币安人生, according to blockchain data reviewed by Finbold from Lookonchain . 5 BNB trade. Source: Lookonchain That speculative trade has since ballooned in value. As of October 7, the position is now worth $1.61 million, reflecting a monstrous +133,060% gain in less than 48 hours. How the crypto trade worked The crypto trader’s move highlights how small amounts of capital can occasionally turn into life-changing sums during explosive memecoin rallies. Unlike Bitcoin or Ethereum , these ultra-low-cap tokens often swing wildly within short timeframes, with liquidity and volatility amplifying both upside and downside. In this case, just one purchase of 5 BNB at the right moment created a windfall of over $1.6 million. Stories like this have become increasingly common in 2025’s memecoin frenzy, where traders scour decentralized exchanges for early entries into community-driven or viral tokens. While the outsized gains attract attention, analysts caution that such tokens often suffer equally dramatic crashes. The post Crypto trader turns $5,700 into $1.6 million in 2 days appeared first on Finbold .

Hankige Crypto uudiskiri
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