On Sept. 12, BlockBeats reported, citing on-chain tracker Ai Yi, that a smart-money wallet identified as 0x248…A6990 sold all 1.63 million "Binance Life" tokens it had previously withdrawn from Binance over the past three hours. The tokens were sold at an average price of about $0.4685, for total proceeds of roughly $784,000. The wallet’s entry cost for that position was not disclosed.
At the same time, the address still held 10.26 million "Niulai" tokens that had been bought earlier at a low price of $0.02892. Based on the monitoring update, that position was showing an unrealized profit of about $985,000. Ai Yi also said the wallet has already transferred the entire "Niulai" position to a new address, 0x01E…1357f.
The update focuses on recent wallet activity and reported transaction figures. No additional information on the owner of the address or the motive behind the transfers was provided in the source report.
BlockBeats reported on Sept. 12, citing on-chain monitor Ai Yi, that the smart-money wallet 0x248…A6990 sold all 1.63 million "Binance Life" tokens it had previously withdrawn from Binance over the past three hours.
The sales were executed at an average price of about $0.4685, bringing in roughly $784,000. The wallet’s acquisition cost for that position remains unknown.
At the same time, the address still held 10.26 million "Niulai" tokens that had previously been bought at $0.02892. That holding was showing an unrealized profit of about $985,000 at the time of the monitoring update.
Ai Yi said the wallet has transferred the entire "Niulai" position to a new address, 0x01E…1357f.
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