Trader Secures $277K Profit on ZEST Launch via High-Cost Sniping Strategy

A trader paid ~$343K in BNB bribe fees and invested $600K in USDT to acquire 18.3M ZEST. The position was liquidated for $1.22M, yielding a $277K net profit and highlighting MEV risks.

Woofun AI on-chain data shows a trader executed a high-cost sniping strategy during the ZEST token launch. To secure priority transaction execution, the participant paid approximately 536.88 BNB, valued at around $343K, as a 'bribe fee.' Concurrently, the trader deployed an additional $600K in USDT to purchase roughly 18.3 million ZEST tokens during the opening phase, bringing the total capital outlay to approximately $943K.

The trader subsequently liquidated the entire position, recovering approximately $1.22 million. This maneuver resulted in a net profit of about $277K. The transaction underscores the prevalence of Maximal Extractable Value (MEV) extraction and aggressive sniping activities that characterize the early trading phases of new token launches.