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Loss of $14,000: News trader buys 1.422 million Niu Lai after Binance announcement and sells

2026-09-09 12:13

According to Odaily, on-chain analyst Yujian monitored that one second after Binance published the Niu Lai listing announcement, a news trader paid 42.4 BNB as a bribe to node BNB48 Club and purchased 1.422 million Niu Lai tokens through a private RPC channel using 200 BNB, at a buy price of $0.10. To improve transaction priority and success rate, they also paid 6.87 BNB in gas fees. Within the following 15 minutes, the trader sold all Niu Lai tokens at $0.12 each, receiving 172,000 USDT in return. The price spread between purchase and sale generated a profit of $22,000, but the combined bribe fee and gas fees totaled $36,000, resulting in a final loss of $14,000.