A trader made $1 million on New Year’s Day by capitalizing on “abnormal” trading behavior of a suspected market maker account on Binance. The activity was tied to BROCCOLI714, causing a price surge. Binance denies hack rumors, saying their security is intact. Memecoins on BNB Chain rise, rivaling Solana in active addresses.

Read more at cointelegraph.com: Trader Claims $1M Profit From Unusual Market Maker Activity on Binance