PANews reported on April 9th that TKResearch Trading, in its analysis on the X platform, indicated signs of insider trading and manipulation of the Binance Life token's circulating supply. The project has a circulating supply of 1 billion tokens, but 816 million are held on exchanges, leaving only approximately 184 million tokens truly available for free trading; a significant portion is locked. In the past 60 days, the top two external addresses withdrew 59 million tokens from Binance at an average price of approximately $0.06. Currently, large holders, including the top three addresses, hold a total of 77.5 million tokens, representing about 42% of the actual tradable supply.
TKResearch claims that insiders are quietly controlling the circulating supply of Binance Life tokens.
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Author: PA一线
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