A new address purchased 8.1 million Binance Life tokens, becoming one of the top 20 holders on the blockchain.

CoinFeed reported on June 1st that, according to on-chain analyst Ai Yi, a new address 0x82C…2ebD1 withdrew 5 million USDT and 0.5 BNB miner fees from Bybit 17 hours ago. Subsequently, it purchased 8.1 million Binance Life tokens at an average price of $0.61417, holding 0.81% of the tokens and becoming a top 20 holder on the chain. This purchase drove the price up 32% ($0.5314 to $0.702), and it has now fallen back to $0.6246, a 24-hour increase of 25%.