An early holder tracked by Ember has now sold 16 million Binance Life tokens for $11.12 million in total after an initial $2,480 purchase, with 2.5 million tokens still in the wallet.
An early Binance Life whale sold another 2.5 million Binance Life tokens about five hours ago for $1.7 million, extending a highly profitable exit from a position that originally cost $2,480. On-chain analyst Ember said the wallet bought 18.5 million tokens and has now sold 16 million for cumulative proceeds of $11.12 million, while still holding 2.5 million tokens. The return is about 5,000x, and Ember expects the holder to fully exit by early tomorrow. Large whale sales can draw trader attention because they may add near-term supply and signal that early investors are taking profit.