The price of Binance Life (BNL) surged by approximately 59%, from $0.17 to $0.27, following a significant withdrawal of about 87.85 million BNL tokens (valued at approximately $14.93 million) from Binance. This transaction was reportedly conducted by a suspected controlling party using nine wallets. Currently, the suspected controlling addresses collectively hold around 146.7 million BNL tokens, representing 14.67% of the total supply, with an estimated value of $39.8 million at the current price.
Binance Life Token Price Surges 59% After Large Withdrawal
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