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Suspected Binance-controlled addresses collectively hold 14.67% of the total supply; token price surged 59% in the short term.

According to on-chain analyst Yujin, a suspected Binance Life manipulator withdrew 87.85 million Binance Life tokens (worth $14.93 million) from Binance yesterday via nine wallets. Subsequently, the price of Binance Life surged 59% in a short period, rising from $0.17 to $0.27. Currently, the suspected manipulation addresses collectively hold 146.7 million Binance Life tokens on-chain—14.67% of the total supply—with an aggregate value of approximately $39.8 million.

Multiple newly created wallets withdrew 87.76 million Binance Tokens from Binance, valued at $14.9 million

According to on-chain analytics platform Lookonchain (@lookonchain), over the past 24 hours, nine newly created wallets withdrew 87.76 million Binance Coins (BNB) from Binance, worth $14.9 million.

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.