Trading logic during an abnormal pump: How to make $1.5 million in a $40 million small coin contract circuit breaker

【CryptoPush】Recently, a trader in the crypto circle shared a review of his operations during an unusual pump event, with details that are truly textbook level.

Here’s what happened. He used an automated alert system to detect extreme price fluctuations in a small coin— a coin with a market cap of only about $40 million, which suddenly had over $20 million in spot buy orders. This number itself was very suspicious. He immediately checked Binance’s spot order book and found that this manipulation logic didn’t match normal whale trading strategies; instead, it looked more like an account was hacked or a market-making program was malfunctioning.

After identifying the risk, his actions were very calm. First, he closed his existing funding rate arbitrage positions, locking in about $300,000 in profit. Then, after Binance’s contract circuit breaker was lifted, he added a long position at $0.046. The key was—he kept a close eye on the order book. He knew that this abnormal buy order wouldn’t last forever, and risk control would eventually cancel the orders.

Sure enough. When the spot buy orders were first canceled, he immediately cleared all spot and long positions, cashing out $1.5 million in one go. But that wasn’t the end. After confirming that the abnormal buy orders had been completely withdrawn, he established a short position on the futures side, and after the price dropped significantly, he closed the position, completing the second profit segment of the trade.

He summarized that the core of this operation was three points: automated market anomaly detection, quick identification of suspicious order book behavior, and preemptive anticipation and patient execution of the “abnormal pump will inevitably pull back” script. In simple terms, it was a perfect combination of technology + psychology + execution.