TechFlow reports, July 9, according to monitoring by on-chain analyst Ember (@EmberCN), a whale address that established a position early in Binance Life and held long-term continued to take profit on 7 million Binance Life tokens today, worth approximately $4.95 million. Among them, 6.9 million tokens (approximately $4.88 million) have been transferred to Binance, and 100,000 tokens (approximately $70,000) were sold on-chain and exchanged for BNB.
This address spent 2.14 BNB (approximately $2,480) to buy 18.5 million tokens within half an hour after Binance Life launched and deployed last October, and held until recently. Since starting to take profit in June this year, the address has cumulatively sold 10.5 million tokens, worth approximately $7.33 million, and currently still holds 8 million tokens on-chain, worth approximately $5.71 million at current prices. Calculated this way, its initial investment has appreciated to over $13 million.
