Lookonchain said it detected a whale wallet withdrawing $1.1 million in USDT from Binance about four hours earlier and then using the funds to purchase 9.53 million Niulai tokens. The buys were executed at an average price of $0.1155, according to the monitoring update cited by ChainCatcher. The transaction shows funds leaving a centralized exchange before being deployed into a single token position. No additional identity details about the wallet were disclosed in the brief update. The report only states the withdrawal amount, the exchange involved, the average purchase price, the token quantity, and the timing of the activity.
According to a ChainCatcher newsflash citing Lookonchain, a whale withdrew $1.1 million in USDT from Binance around four hours ago and then bought 9.53 million Niulai tokens.
Lookonchain said the purchases were made at an average price of $0.1155.
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