A crypto trader made over $500K in profit in about 30 minutes by trading Thena ($THE) tokens.
The trader used 698 BNB worth approximately $429K to purchase 416,897 $THE and the asset soared in value to over $1 million.
Binance listings were at the center of the surge, and profits were made by several traders with the asset reaching a $233 million market cap.
Despite a price correction earlier in the week, a bullish presence in the market has lifted the prices of assets, including Bitcoin, Ethereum, and Solana.