CZ tests on-chain perpetuals by longing MUBARAK on APX Finance to check for MEV issues

Posted On March 24, 2025

Changpeng Zhao conducted a 24.7 leveraged long trade on Mubarak to test for MEV issues, triggering a surge in the token’s price. On Mar. 23, Binance founder and former CEO opened a 24.7x leveraged long position on Mubarak (MUBARAK) with…