An address deposited 11 million Mubarak to a CEX with an average price of $0.135, yielding over 10x profit

BlockBeats News, March 28th, according to EmberCN monitoring, after Binance launched Mubarak spot trading at 5:00 this morning, an address transferred 11 million Mubarak ($1.49 million) to Binance. The individual made a $1.6 million profit on Mubarak (+1075%).

· He spent a total of $149,000 to purchase 13 million Mubarak at an average price of $0.011 from 3/14-3/16.

· Six days ago, he sold 2 million Mubarak ($0.266 million) at a price of $0.133 through Bitget;

· In addition, 11 million Mubarak was transferred to Binance this morning at a price of $0.135.

The address spent a total of $149,000 to purchase Mubarak at $0.011 and sold it at $0.135, making a profit of $1.6 million.