A cryptocurrency trader has pulled off one of the most rewarding trades on Binance Smart Chain this week , turning a $3,000 investment into a $2 million profit.
According to data from Dexscreener, wallet address 0x872a spent $3,060 worth of BNB to buy 16.86 million tokens of $4, a newly launched meme token trading on PancakeSwap.
As the token skyrocketed in value, the trader strategically sold 5.12 million $4 tokens for 110 BNB, equivalent to about $118,700 at current prices.
Even after taking profits, the trader still holds 11.75 million $4 tokens, valued at roughly $1.88 million, bringing the total profit to an estimated $2 million, a staggering 652x return on the initial investment.
The $4 token itself has seen explosive trading activity, with over 79,000 transactions and more than $155 million in 24-hour trading volume.
$4 soaring retail investor interest
Currently priced around $0.16, the token’s market capitalization stands at approximately $160 million, highlighting how quickly fortunes can change in the volatile world of decentralized finance (DeFi).
Additionally, as reported by Finbold, another crypto trader turned a $68,700 investment in $4 into about $9.4 million in just 48 hours. The transaction, initiated on September 30, realized a 135x gain by October 2.
These trades unfolded amid retail-fueled hype on X, where traders shared screenshots from the $4 community using Binance founder Changpeng Zhao’s signature hand gesture as part of the token’s meme-inspired branding.
Featured image via Shutterstock
