Binance Life: Whale Buys $10M Driving 15% Surge
Binance Life whale purchased $10M in 24 hours with 8.62M tokens on-chain and 5.67M withdrawn from Binance, lifting price 15% while BTC fell 16%.
SourceAnalysis
Binance Life whale continued aggressive accumulation with $10M in buys over the past 24 hours, lifting the token 15% even as BTC dropped 16% and ETH fell 21% in the last five days. On-chain addresses scooped 8.62 million tokens for $6.33 million while a CEX withdrawal address pulled another 5.67 million tokens worth $4.07 million from Binance eight hours ago. Since June 1 the same entity has accumulated 56.887 million tokens at an average $0.687, totaling $39.1 million, outpacing broader crypto market weakness through sustained large-block purchases.
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@EmberCNAnalyst about On-chain Analysis