Whale Move 12M BIO Go Binance, Secure 4.5× Profit
One investor carry 12 million BIO tokens (≈$3.78 M) go Binance within one hour, make 4.5× return. Five months ago, de big whale withdraw 15 million BIO at $0.057 each (≈$850 K) from Binance. One hour ago, 12 million BIO deposit back for $0.315 per token. Two hours earlier, dis same investor unlock 4.8 million BIO (≈$1.53 M) from vesting contract. Dis packed BIO token movement fit show say selling pressure dey for Binance and fit affect short-term price wahala.
Bearish
Big BIO token waka go Binance from one big pikin whale usually mean say them go sell quick quick and e go make price drop. Before before, when big big holders carry tokens on-chain go exchanges, e quick quick make market fall as traders dey expect say dem go put for market. For short time, dis 12 million BIO wey dem transfer plus 4.5× profit fit cause plenty wahala for market and price fit waka down. For long time, if whale them still dey do like dis, e fit make people look BIO tokens differently for market.