CZ’s Memecoin Mention Ignites Trader’s Epic Journey: $3K to $2M Windfall
When Binance's CZ casually dropped a memecoin reference, nobody predicted the financial tsunami that would follow—except one trader who turned pocket change into generational wealth.
The Alchemy of Luck and Timing
Starting with just $3,000 in capital, this anonymous trader rode the memecoin wave CZ inadvertently created, executing trades with surgical precision while the broader market slept on the opportunity. The portfolio swelled to $2,000,000 in a textbook demonstration of crypto's asymmetric return potential.
Market Mechanics Behind the Miracle
Liquidity surges following high-profile endorsements created perfect entry points, while retail FOMO provided the exit liquidity needed to cement those legendary gains. Another reminder that in crypto, the line between "irrational exuberance" and "strategic genius" depends entirely on which side of the trade you're on.
While traditional finance gatekeepers were busy writing memecoins off as jokes, this trader proved the oldest market truth still holds: the real joke is leaving seven-figure profits on the table for someone else to collect.
Exchanges record heavy withdrawals
Beside Binance, data from CoinGlass shows other big exchanges also saw heavy withdrawals. Bitfinex recorded an outflow of about $390 million in just one day and $905 million over the week. OKX also saw $288 million pulled out in 24 hours and over $1 billion gone in seven days.
Gate and Bitget also lost over a billion dollars as traders rushed to MOVE their money. But smaller exchanges like Bitunix went against the flow, gaining around $147.7 million. This shows a belief by some traders that a few platforms are still safer places to keep their funds.
CoinGlass had earlier reported that traders endured record liquidations worth $19.1 billion. Yet, researcher Yan noted the figures could be “much higher,” citing Binance’s documentation that counts only the latest liquidation per second. “Liquidations come in bursts, causing up to 100x underreporting,” Yan said. CoinGlass also acknowledged that Binance’s internal system may miss large portions of liquidation data during high-volume events.
Binance responds to concerns
Binance admitted that the market downturn has “impacted not only asset prices but also user confidence.” The exchange launched the “Together Initiative” to support affected users and strengthen community trust. Addressing mounting criticism, CZ recalled Binance’s early history, saying, “No other company had protected its users to such an extent, even to this day.”
Let me share a little story on the largest ever single payment from @Binance, the $6m in 2017!
I hope this will help you better understand the #Binance culture.
Binance launched on July 14, 2017, having successfully raised $15m in its ICO two weeks prior.
Less than 6 week…
Meanwhile, popular X commentators are urging others to withdraw funds. CryptoCurb urged traders to be warned of potential seizures and system risks. The posts have stirred panic, though Binance maintains operations have remained stable.
The huge withdrawals reveal that many investors are losing trust in major exchanges. People want honesty, fast updates, and proof their funds are secure. After such a chaotic week, Binance’s next steps could decide whether users regain confidence or keep pulling out.
Also Read: Binance’s $39M in Charity Funds Remain Unclaimed in Malta
