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A certain wallet address spent approximately $1 million to chase the high and buy 12.25 million units of the 'Niu Lai' token.

5 days ago

According to on-chain analyst Ai Yi (handle @ai_9684xtpa), address 0x90c…888ac spent roughly $1 million to purchase 12.25 million "Niu Lai" tokens over the past hour, re-establishing a position in the related token. During the buy, "Niu Lai"’s market capitalization briefly topped $90 million. This is not the address’s first trade of "Niu Lai": it opened a position 13 days ago, then sold out entirely at $0.03162 five days ago, marking a re-entry after liquidating its holdings.

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