[Monitoring CZ Wallet 'Sniping' MARSCOIN, Trader Earns $282,000 in Hours] BlockBeats News, August 17, according to Lookonchain monitoring, a trader completed a high-return MARSCOIN transaction within hours by monitoring CZ's public wallet. On-chain data shows that at the same time CZ's wallet burned 4,444 MARSCOIN, the trader quickly invested 16 BNB (approximately $9,645) to purchase 84.61 million MARSCOIN. To complete the transaction ahead of other traders, the trader raised the Gas price to several hundred or even thousand times the normal level, paying a $9.93 transaction fee. After the purchase, the trader adopted a "double and retrieve principal" strategy, selling approximately 42.3 million MARSCOIN for 16.4 BNB to recover the initial investment, making the remaining holdings essentially a "zero-cost" position. Subsequently, the trader did not immediately liquidate the position but continued to sell the remaining 42.3 million MARSCOIN in batches to avoid exiting too early while the token price continued to rise. In the end, the trader cumulatively sold the remaining tokens for 465 BNB, equivalent to approximately $282,000 at the time. [Original Link]