9h ago
Trader reports $1M profit from BROCCOLI714 memecoin volatility on Binance as hack fears denied
On Jan. 1, 2025, trader Vida claimed to have earned about $1 million by switching from long to short positions on BROCCOLI714 after detecting abnormal market maker behavior on Binance. The activity involved large spot buy orders on the low-liquidity BNB Chain memecoin, while Binance stated that system checks showed no indication of a security breach. BNB Chain later saw a sharp rise in active addresses through 2025, supported in part by a memecoin trading surge.