Trader Turns $3,000 into Nearly $2 Million on Binance Smart Chain
A trader on Binance Smart Chain turned $3,000 into almost $2 million within hours. The wallet address 0x872a bought 16.86 million units of the meme coin 4 for 3 BNB, worth $3,060. The token’s price surged sharply, increasing the trader’s holdings to nearly $2 million.
According to Lookonchain, the trader sold 5.12 million tokens for 110 BNB, valued at $118,700. They still hold 11.75 million tokens, worth about $1.88 million.
Volatility and Trading Activity of Meme Coin 4
Meme coin 4 has experienced significant price swings recently. Data from Dexscreener shows the token trading near $0.16 after a 5.7% drop in 15 minutes. Despite this, 4 maintains a market cap of around $160 million and liquidity of $2.6 million.
Trading volume remains high, with over $155 million exchanged in one day. Short-term price movements are unpredictable, with frequent sell signals as traders take profits. Buying and selling volumes are nearly equal, indicating strong interest. The coin dropped more than 20% in six hours but gained 18% over the last 24 hours.
Binance Coin Price Strength Supports Market Momentum
The rise in meme coin 4’s trading coincides with Binance Coin’s (BNB) price strength. Analyst ali_charts noted on X that BNB’s first target is $1,300. BNB trades above $1,100 after breaking resistance near $940, which now acts as support.
Crypto King also commented, “This is not random. It is a clear structural climb toward new highs. Target: $1500+.” BNB’s momentum is driving speculative trading on Binance Smart Chain tokens like 4.
BNB continues to attract capital as traders watch to see if it can reach $1,300 next.
