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An address spent $3.07 million to buy 8.1 million Binance Life coins within 8 hours, becoming a top 20 on-chain holder

2026-06-01 02:11

According to Odaily, on-chain analyst Ai Yi's monitoring indicates that an address withdrew 5 million USDT and 0.5 BNB as gas fees from Bybit 17 hours ago, then purchased 8.1 million Binance Life coins at an average price of $0.61417. The address now holds 0.81% of the token's total supply, making it a top 20 on-chain holder.

During this buying activity, the coin price rose from $0.5314 to $0.702, an increase of 32%. It has since retreated to $0.6246, with a 24-hour gain of 25%.