Binance Life has surged 62% against the market trend over the past 5 days due to $28 million in buying inflows.

CoinFeed reported on June 6th that, according to on-chain analyst Yu Jin, BTC has fallen by 16% and ETH by 21% in the past 5 days. However, Binance Life has bucked the trend, rising by 62%. This is attributed to a $28 million buy order for Binance Life, which pumped the price. In the past 5 days, two addresses withdrew 14 million USDT from Bybit and then bought 21.1 million Binance Life tokens on-chain at an average price of $0.66. In the past 2 days, one address withdrew 21.5 million Binance Life tokens ($14 million) from Binance.