One PALU whale invested $100,000 in the new BNB meme coin just before CZ made a viral post about it. This caused asset values to skyrocket, resulting in huge profits for the whales.
There has also been some social media buzz about insider trading, but this could also be a coincidence. After all, in today’s scam-filled crypto culture, once-scandalous allegations seem completely normal.
Was CZ involved with PALU?
The BNB memecoin ecosystem has been growing rapidly in recent weeks, threatening to usurp Solana’s position as the top blockchain for these assets. This morning, new meme coin PALU has grown dramatically following two significant events. That’s when Binance Alpha listed the token and former Binance CEO CZ shared the PALU meme.
The combination of these events has caused PALU to rise approximately 19% in the past 24 hours despite the temporary price decline. However, one on-chain analyst noted the following concerns:
Shortly before CZ’s tweet, the wallet purchased $100,000 in meme coin $PALU.
Now up by $1 million pic.twitter.com/AudXSjHWLD
— Bubblemaps (@bubblemaps) October 7, 2025
Specifically, a few minutes before CZ posted, one wallet purchased approximately $100,000 worth of PALU. The meme has been viewed approximately 1.7 million times and counting, and has brought a great deal of notoriety to the token.
In other words, this PALU whale’s investment paid off quickly, with profits of at least $1 million, and that number continues to grow.
lack of clear evidence
This caused a bit of a mixed reaction in the community. Was it a lucky coincidence or was there insider trading at play? And if so, was CZ himself actually involved? CZ has a huge influence on the BNB meme coin, and PALU is a mascot that closely resembles the former CEO.
It is natural for token developers to want him to recognize their projects.
Furthermore, the claim that CZ was directly involved in PALU price manipulation seems a bit far-fetched. Admittedly, this man has a history of controversy. He is serving a federal prison sentence and is suspected of involvement in backroom deals with the Trump administration.
Doesn’t a $100,000 investment seem like small potatoes to him in comparison? Even if CZ worked with the PALU developers to perfectly time the tweets, it seems like a complicated way to earn a relatively small fee. In this case, it could really be a coincidence.
Still, it’s impossible to say right away, and we may never get a firm answer. Today’s climate of fraud and “crime is legal” atmosphere can make everyone a little paranoid, especially when criminals are constantly innovating.
Unfortunately, insider trading allegations may be part of the meme coin sector going forward.
The article “PALU Whale Bought $100,000 Before CZ Tweet” appeared first on BeInCrypto.
