Suspected BNB Life market manipulators extracted 57.88 million tokens, with on-chain holdings reaching 11.7% of the total supply

Gate News message: On April 13, according to on-chain analyst Yu Jin’s monitoring, a suspected BNB Life market controller withdrew 57.88 million BNB Life (approximately $9.37 million) from a certain CEX through 6 wallets. Recently, the BNB Life price rose from $0.037 to $0.22 within half a month, an increase of 6 times. In addition, the same entity previously withdrew 59.00 million BNB Life through 2 wallets from a certain CEX. At present, this controller holds about 116.9 million BNB Life on-chain, accounting for 11.7% of the total supply, with a total value of approximately $21.71 million.
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