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Trader Turns $754 Into $271K on CZ Meme Coin After Viral Post
A crypto trader bought 5.1 million CZ tokens for $754 and saw the position peak at $271,100 in under 48 hours. The same address has a 31% win rate.
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A cryptocurrency trader turned $754.49 into roughly $271,100 in less than 48 hours by buying the CZ meme token shortly after a viral social media post from former Binance CEO Changpeng Zhao. The address purchased 5.1 million CZ tokens across three transactions, blockchain records show. The position peaked at a valuation near $271,100, a 357x return on the initial outlay.
The spike followed a post from Zhao that drew widespread attention to the token. The trader acquired the tokens over a short window as the price was already climbing. The largest single purchase accounted for roughly half the total cost. Within two days, the token's market value surged as retail traders piled in, pushing the price higher.
The same address has a mixed record. On-chain history shows a win rate of just 31%, meaning the trader loses on more than two out of every three bets. The 357x return is an outlier in a strategy that has otherwise delivered more losses than gains. It is unclear whether the trader has closed the position.