On October 25, a savvy trader made $140,000 in less than 20 minutes by monitoring CEX's announcement about going live, according to Lookonchain monitoring.
In the same second that CEX announced the go-live of the MOODENG perpetual contract, he spent 1,300 SOL to purchase 2.77 million MOODENG and quickly sold it for 2,109 SOL, making 809 SOL ($140,000).
Using the same strategy, he also made 99 SOL ($17,000) yesterday when CEX announced the $GOAT perpetual contract.