Suspected Binance Life manipulator withdraws 57.88 million Binance Life tokens, bringing on-chain holdings to 11.7% of total supply

According to on-chain analyst Yujin, over the past 20 hours, the suspected controller of BNB Life withdrew 57.88 million BNB Life tokens (approximately $9.37 million) from Binance via six wallets. Recently, the price of BNB Life surged sixfold—from $0.037 to $0.22—within half a month. Additionally, at the end of February, the same entity withdrew 59 million BNB Life tokens from Binance via two wallets. Currently, this controlling party holds approximately 116.9 million BNB Life tokens on-chain—11.7% of the total supply—with an estimated value of $21.71 million.