Cryptocurrencies, blockchain, NFT and new trends

Who was front-running Binance users?


On Jan. 26, a Medium article revealed that an entity with control over multiple Ethereum addresses had consistently purchased cryptocurrencies prior to their listing on Binance, selling them for a million-dollar profit after the event.

The article refers to 16 cases from an on-chain analysis perspective, demonstrating how the mysterious entity was aware of Binance listings several days in advance, and how it was unlikely to be carried out by someone with little experience in concealing its tracks.

Marcel Pechman is a crypto analyst who worked for 17 years as an equities sales trader for UBS, Deutsche Bank (ETR:DBKGn), Pactual & Banco Safra. He holds a post-graduate certificate in engineering and a bachelor’s degree in business administration.

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