A Trader Made $140,000 in 20 Minutes by Monitoring CEX's Announcement About Going Live with MOODENG Perpetual Contracts
On October 25, a savvy trader made $140,000 in less than 20 minutes by monitoring CEX's announcement about going live, according to Lookonchain monitoring.
In the same second that CEX announced the go-live of the MOODENG perpetual contract, he spent 1,300 SOL to purchase 2.77 million MOODENG and quickly sold it for 2,109 SOL, making 809 SOL ($140,000).
Using the same strategy, he also made 99 SOL ($17,000) yesterday when CEX announced the $GOAT perpetual contract.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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