Smart Money Dumps $784K in Binance Life; Unrealized Profit Nears $1M Since Bull Run

According to on-chain analyst Ayi, address 0x248…A6990 sold approximately $784,000 worth of Binance Life over the past three hours. The address previously withdrew 1.63 million Binance Life from Binance and subsequently liquidated the entire position on-chain at an average price of $0.4685, with its cost basis currently unclear. Additionally, the address purchased 10.26 million NiuLai at an average price of $0.02892 twenty-six days ago and has yet to sell, reflecting an unrealized profit of approximately $985,000. All NiuLai tokens have been transferred to a new address, 0x01E…1357f.