A cryptocurrency trader has pulled off one of the biggest overnight wins of the year, turning a small $3,000 investment into almost $2 million after buying a little-known token called “4.”
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According to blockchain tracker Lookonchain, the trader, known by the wallet address 0x872, was among the first to purchase the new coin shortly after it was created. Within hours, the token’s value exploded as traders piled in, sending the trader’s holdings soaring by nearly 650 times.
Despite the massive gains, the wallet shows only a small portion of the position was sold, with around $1.88 million still held in “4.” The trader’s timing was near perfect, entering just before the token went viral on social media.
CZ’s Post Ignites the “4” Memecoin Frenzy
The rally began when Binance co-founder Changpeng “CZ” Zhao reposted a message about a recent phishing attack on the BNB Chain. The hacker behind the attack made just $4,000, which quickly became a running joke in the community.
“Interestingly, after the hacker dumped all his tokens for a $4k gain, the community took over and bought the memecoin higher as a mock to the hacker,” Zhao wrote on X to his nearly nine million followers.
Minutes after his post, trading volume surged as thousands of users began buying “4.” Some wallets saw profits of more than $1.5 million within hours, according to data from analytics platform Bubblemaps.
Smart Money Traders Follow the Hype
Blockchain data shows the momentum did not stop with retail investors. High-performing “smart money” wallets tracked by Nansen began accumulating “4,” collectively buying around $100,000 worth of tokens in a single day.
The trader who led the rally now holds over 98% of their crypto portfolio in the token, according to CoinStats. While the profits are extraordinary, analysts warn that memecoins tend to move on emotion rather than fundamentals, and their prices can drop as quickly as they rise.
Another Crazy Chapter in the Memecoin Boom
The story of “4” adds to a growing list of sudden crypto success stories. Earlier this year, a trader reportedly turned $2,000 into $43 million with the frog-themed Pepe token before prices later crashed. Another investor made $52 million from a $27 bet in 2024.
These examples show how unpredictable and volatile memecoin trading has become. A mix of humor, hype, and timing can produce massive windfalls for a few lucky traders, while others are left holding tokens that quickly lose their value.
Key Takeaway
What started as a phishing scam and a $4 joke has turned into one of the year’s most surprising crypto stories. A single post from CZ transformed an obscure memecoin into a viral trading phenomenon and created a new millionaire overnight.
It is another reminder of how quickly fortunes can be made or lost in the fast-moving world of digital assets, where community sentiment can turn even the smallest coin into a market sensation.
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