One PALU whale invested $100,000 within the new BNB meme coin shortly earlier than CZ made a viral submit about it. This made the asset spike in worth, bringing big beneficial properties for the whale.
There was some social media chatter about insider buying and selling, however this is also a coincidence. In the end, at this time’s scam-ridden crypto tradition makes once-scandalous allegations appear completely regular.
Was CZ Concerned With PALU?
The BNB meme coin ecosystem has been booming in current weeks, threatening to take over Solana’s place as the highest blockchain for these property. This morning, a brand new meme coin, PALU, grew dramatically after two key occasions: Binance Alpha listed the token, and CZ, the previous CEO of Binance, shared a PALU meme.
Collectively, these happenings brought on an enormous rally for PALU, which has gained round 19% within the final 24 hours regardless of momentary worth dips. Nevertheless, one on-chain analyst observed a doable level of concern:
A pockets purchased $100k of the memecoin $PALU simply earlier than CZ’s tweet
It is now up $1M pic.twitter.com/AudXSjHWLD
— Bubblemaps (@bubblemaps) October 7, 2025
Particularly, one pockets purchased round $100,000 value of PALU only a few minutes earlier than CZ made his submit. This meme was considered round 1.7 million occasions and counting, bringing a ton of notoriety to the token.
In different phrases, this PALU whale’s funding paid off instantly, netting them not less than $1 million in beneficial properties and counting.
A Lack of Clear Proof
This has left a little bit of a combined response locally. Was it a fortunate coincidence, or was insider buying and selling at play? If there was, was CZ himself really concerned? CZ has an enormous affect over BNB meme cash, and PALU is a mascot that intently resembles the previous CEO.
It’s pure that token builders would hope for him to acknowledge the undertaking.
Moreover, claims that CZ had direct participation in PALU worth manipulation appear a little bit far-fetched. Certain, the person has a historical past of controversies; he’s been to federal jail and has been allegedly implicated in some backdoor offers with the Trump administration.
In comparison with that, doesn’t a $100,000 funding seem to be small potatoes for him? Even when CZ did coordinate with PALU builders to completely time his tweets, that looks like a convoluted approach to make a comparatively small payout. On this case, it would actually be a coincidence.
Nonetheless, it’s unimaginable to say proper now, and we might not ever get a agency reply. In the present day’s local weather of scams and “crime is authorized now” ambiance have left everybody a little bit paranoid, particularly when criminals are consistently innovating.
Sadly, insider buying and selling allegations could also be half and parcel of the meme coin sector shifting ahead.
The submit A PALU Whale Purchased $100,000 Minutes Earlier than CZ’s Tweet appeared first on BeInCrypto.
