A new address purchased a large amount of AIOT and placed an order at a high price range after transferring the tokens

Odaily News According to the monitoring of on-chain data analyst @ai_9684xtpa, a new address withdrew 1,001 BNB (worth $424,000) from Binance 5 hours ago, and continued to purchase 5.68 million AIOTs at an average price of $0.07476. This address has become the top AIOT holdings, holding about 14.2% of the circulating chips (40 million in circulation). Three hours later, some tokens were transferred to another address (0x5d6...6f892), which placed an order to sell AIOT on Pancake, with a price range of $0.2478 to $0.3151. It is expected that there may be higher price fluctuations in the future.