Crypto trader turns $68K into $9 million in just two days

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In one of the sharpest examples of meme-coin mania this year, a crypto trader transformed a $68,700 bet into roughly $9.4 million in just 48 hours.

On September 30, the wallet address 0xce5ad0ff16863f54a0daa27ff831177ad1144c07 spent 68 BNB ($68,700) to acquire 63.07 million units of $4, a newly launched token on PancakeSwap. By October 2, the position was valued at over $9.4 million, a staggering 135x return.

Blockchain data shows a carefully sequenced series of buys: multiple tranches of 5–8 BNB (BNB) swapped through PancakeSwap V4, accumulating millions of $4 tokens at prices between $0.00008 and $0.00014. 

Trading volume cllimbed above $118 million

The buys coincided with a sudden surge in activity: daily trading volume exploded to $118.8 million, while 24-hour price performance peaked at +168%, with liquidity pools briefly holding $2.8 million.

The trade unfolded against a backdrop of retail-driven hype on X (formerly Twitter). Screenshots shared by traders show the $4 community touting Binance’s own Changpeng Zhao’s meme-like hand gesture as the coin’s branding.

Crypto trade. Source: Lookonchain

That branding caught fire in Telegram channels and Dexscreener feeds, with more than 166,000 transactions recorded in just two days. The result was textbook reflexivity: as the $4 token’s market cap swelled to $148.4M FDV, more speculators piled in, pushing the token higher and magnifying the early trader’s unrealized gains.

Crypto trade. Source: Lookonchain

Yet even amid the jaw-dropping profits, the risks are plain. On-chain data highlights how thin liquidity pools can exaggerate valuations, making it difficult for whales to fully exit without crushing the price.

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