A smart money address spent approximately $1.1 million to buy 9.53 million Niu Lai tokens at an average price of $0.1153 around 8:00 a.m. on September 11. Within 10 hours, Niu Lai’s market capitalization surpassed $150 million and reached an all-time high before retreating to $135 million. The address’s unrealized profit peaked at $397,000 and stood at nearly $200,000 after 12 hours, based on on-chain monitoring.