Changpeng Zhao carried out a 24.7 livered long trade on Mubarak to test for MEV problems, which activated an increase in the price of the token.
On March 23, Binance founder and former CEO opened a livered long position of 24.7x on Mubarak (Mubarak) with 0.04 BNB as collateral on APX financing. The transaction was reported on X by on-chain analyst AI_9684XTPA, to which CZ replied: “Sunday a little test at the chain, as usual. Nothing to be enthusiastic about.”
Despite the trivialization of CZ, AI_9684XTPA reported that APX (APX) reported by 26%in the 7 minutes since opening up, from $ 0.64 to $ 0.081, while Mubarak rose by 5.5%, from $ 0.146 to $ 0.154. The trade was carried out using a public donation address and the function is now closed.
大表哥的周末测试系列 —— 七分钟前，CZ 用公开捐款地址在 APX Finance 上用 0.04 $BNB 开出了 24.7 倍的 $mubarak 多单（目前仓位已关闭
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– $APX ：已短时上涨 26%($0.64 > $0.081)
– $mubarak ：已短时上涨 5.5%($0.146 > $0.154)本文由 #Gateio | @Gateio_zh 赞助 https://t.co/Cq6tK390MP pic.twitter.com/EyGl6LVJ6c
— Ai 姨 (@ai_9684xtpa) March 23, 2025
This market reaction is in line with a well -known trend – when CZ transactions or tweets follows, purchasing pressure. ZHAO recently bought 20.150 Mubarak for 1 BNB (at that time by $ 600), which means that Mubarak rise and briefly claimed the first place on the Memecoin rankings of BNB Chain per market capital and trade volume that rises beyond $ 180 million, as reported by root data.
However, Zhao’s Perpetuals -Handelshandel on Mubarak was performed as a test, as he later explained in his post on X, and stated: “Only trying the experience, also trying to see if there is still mev.”
https://twitter.com/cz_binance/status/190385876025630732?t=bu9lhwnyuz5x6cfsfyvsda&s=19
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ZHAO has to do not yet share findings of his tests with regard to maximum extremable value. His Perpetuals test follows his survey of 7 February on X, where he asked whether the BNB chain should eliminate MEV problems or reduce considerably.
Although MEV is more often associated with the Ethereum (ETH) network, BNB chain users have also had to deal with considerable losses as a result of MEV -where validators re -organize or rearranging transactions that wait to be included in the block to maximize their profit. BNB users lost about $ 1.5 billion because of MEV in 2024 alone.
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