An address transferred 10260000 tokens of “Nulai” to Binance, suspected of preparing to sell.
Article
🔍 On-chain Detective | “Nulai” single-token unrealized profit nearly 1000000 USD Smart money suspected of clearing its position; if sold, the profit would exceed 885000 USD BlockBeats reported that September 29, according to monitoring by on-chain analyst Ai Yi (@ai_9684xtpa), address 0x248…A6990 purchased on August 17 at 0.02892 USD an average price of 10260000 tokens of “Nulai,” for a total cost of approximately 296700 USD After holding the position for 44 days, the address transferred all the tokens to 1 hours ago,Binance with a current value of approximately 1181000 USD and is suspected of preparing to sell. If sold at the current price, the address is expected to earn a profit of approximately 885000 USD. The position had previously reached an unrealized profit of approximately 1365000 USD.
Original link https://m.theblockbeats.info/flash/369444
Key points
01
BlockBeats reported that September 29, on-chain analyst Ai Yi monitored that address 0x248…A6990 had purchased the tokens on August 17 at an average price of 0.02892 USD per 10260000 tokens of “Nulai.”
02
The address’s total purchase cost was approximately 296700 USD。
03
After holding the position for 44 days, the address transferred all the tokens to 1 hours ago,Binance with a current value of approximately 1181000 USD。
04
The original report said the address was suspected of preparing to sell; if sold at the current price, the expected profit would be approximately 885000 USD。
05
The position had previously reached an unrealized profit of approximately 1365000 USD。
AI-assisted interpretation
The following is analysis, separate from reported facts. Verify important claims independently.
These tokens were transferred to Binance, but the original report only said they were suspected of being prepared for sale and did not confirm that a transaction had been completed. Based on the price in the report, if all were sold, the expected profit would be approximately 885000 USD。
Why it matters to readers
After a large holding is transferred to an exchange, the market will watch whether it is actually sold; if sold, it may affect short-term trading supply.
“Unrealized profit” is profit recorded on paper that has not yet been realized; profit is realized only after an actual sale.
Risks and unknowns
The original report did not confirm whether the address had sold the tokens.
“Suspected of preparing to sell” does not mean that the transaction has been completed.
The expected profit amount depends on the actual sale price.
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Related concepts
Unrealized Profit
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