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The story of BWEnews: China’s most Famous Cryptocurrency News Trader

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Author: BlockBeats Translation: WuBlockchain These views are personal opinions expressed by the individual and cannot be verified. “Now, let me ask: as the wealthiest, most cash-rich Gen Zer on Zhihu, which is verifiable, does anyone disagree?” This provocative introduction comes from Vida, who claims to be the richest Gen Zer on Zhihu, with at least $7 million in available cash (approximately ¥51 million). His rapid trading and high profits have led to five investigations by Binance’s risk control department. Reading this, many may think it’s another boastful post meant to attract attention. But what if it’s all true? On November 11, Binance launched two low-market-cap tokens, ACT and PNUT. According to Lookonchain, a blockchain data monitoring platform, just two seconds after Binance announced the ACT listing, an address swiftly bought 10.9 million ACT tokens for $320,000. As ACT’s price quickly surged, this investment yielded a profit of $3.4 million (about ¥24 million). The purchas...