Single token 'Niulai' nears $1M in unrealized profit; smart money is suspected of liquidating positions, which would net over $885k if sold.
48 minutes ago
According to on-chain analyst Ai Yi (@ai_9684xtpa), address 0x248…A6990 purchased 10.26 million units of the token "Niu Lai" at an average price of $0.02892 on August 17, with a total cost of roughly $296,700. After holding the position for 44 days, the address transferred all its tokens to Binance one hour ago; the holdings are now valued at approximately $1.181 million, indicating it may be preparing to sell. If sold at the current price, the address is expected to pocket a profit of around $885,000. The position previously posted an unrealized profit of about $1.365 million.
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