A team member of the Asian crypto news platform BWE has made a fortune from monitoring new digital asset listings on Binance.
According to on-chain analytics firm Lookonchain, the trader raked in $3 million in an hour by monitoring Binance’s new listings. This emerged as the ongoing bull run gained momentum, sparking several big-money gains in the market and attracting the attention of retail investors.
Notably, listings on centralized exchanges are highly sought after by crypto traders, who aim to secure favorable entry positions. During a bull market, the prices of newly listed tokens often see rapid gains due to heightened market participation and the frenzy surrounding community interest.
Binance, the largest exchange by volume globally, and Coinbase, the leading exchange in the U.S., have their listings closed and monitored.
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