An anonymous trader reportedly generated more than $100,000 in under 30 minutes trading a memecoin called Vulgar Penguin on Binance Alpha.

Transaction overview

The trader used 53.8 BNB (about $46,300) to acquire 28.2 million Vulgar Penguin tokens at the moment of listing on Binance Alpha.

Later the trader disposed of 27.2 million tokens for a total of $148,000, retaining 1 million tokens worth roughly $7,500.

Market and timing

Memecoin listings frequently produce rapid price swings around initial market access, driven by concentrated liquidity and short-term speculation among traders and bots.

In this case the combination of immediate access on a launch platform and swift position management allowed the trader to capture large realized gains within a brief timeframe.

Risks and patterns

Such episodes illustrate typical risks of newly listed tokens, including sharp intraday volatility and uneven order book depth that can amplify both gains and losses.

Observers note that outcomes depend on timing, liquidity provision, and the trader’s ability to execute large orders without triggering adverse price moves.