TechFlow News: On June 1, according to on-chain analyst EmberCN (@EmberCN), following today’s 40% surge in Binance Life, an address that purchased and has held the token since within 30 minutes of its launch in October 2023 transferred 3.5 million Binance Life tokens to Binance approximately 30 minutes ago—valued at roughly $2.38 million—initiating profit-taking.
At the time of purchase, this address acquired 18.5 million Binance Life tokens for just 2.14 BNB (approximately $2,480), resulting in an average cost of about $0.00013 per token. Based on current data, its investment return amounts to approximately $12.38 million—roughly a 5,000x gain. As of now, the address still holds 15 million Binance Life tokens on-chain, valued at approximately $10 million.
