TechFlow News, March 28 — According to Etherscan monitoring, after Binance launched $Mubarak spot trading, a whale transferred 11 million $Mubarak tokens to Binance, realizing a profit of $1.6 million (a 1075% return).
The whale purchased 13 million $Mubarak tokens for a total of $149,000 between March 14 and March 16, at an average price of $0.011 per token. Six days ago, he sold 2 million $Mubarak tokens on Bitget at $0.133 each, cashing out $266,000. This morning at 5:00 AM, shortly after Binance listed $Mubarak spot trading, he transferred the remaining 11 million $Mubarak tokens to Binance at $0.135 each, amounting to $1.485 million.
With a total initial investment of just $149,000, the whale fully exited his position at $0.135, generating cumulative profits of $1.6 million and achieving a remarkable 1075% return.
