Crypto trader turns $5,700 into $1.6 million in 2 days

A cryptocurrency trader has pulled off one of the most eye-catching wins of the week, turning a $5,756 bet into more than $1.6 million in just two days, a return of nearly 280x.

On October 5, the wallet 0x8844c242cf3d0716f489579a5a968901b9e9ebb6 withdrew 5 BNB ($5,756) from Binance and swapped it on OKX DEX for 11.15 billion units of 币安人生, according to blockchain data reviewed by Finbold from Lookonchain.

5 BNB trade. Source: Lookonchain

That speculative trade has since ballooned in value. As of October 7, the position is now worth $1.61 million, reflecting a monstrous +133,060% gain in less than 48 hours.

How the crypto trade worked

The crypto trader’s move highlights how small amounts of capital can occasionally turn into life-changing sums during explosive memecoin rallies. Unlike Bitcoin or Ethereum, these ultra-low-cap tokens often swing wildly within short timeframes, with liquidity and volatility amplifying both upside and downside.

In this case, just one purchase of 5 BNB at the right moment created a windfall of over $1.6 million.

Stories like this have become increasingly common in 2025’s memecoin frenzy, where traders scour decentralized exchanges for early entries into community-driven or viral tokens. While the outsized gains attract attention, analysts caution that such tokens often suffer equally dramatic crashes.

Source: https://finbold.com/crypto-trader-turns-5700-into-1-6-million-in-2-days/