Binan Life is suspected to have obtained funds and opened positions on both sides of the chain and the exchange, which has a total of approximately US$38.77 million.

According to monitoring by online analyst Ai Aunt (@ai9684xtpa), Binance Life has increased by 52% since June 1, and its price has increased from US$0.5503 to US$0.8361. Data on the chain shows that the two addresses have spent a total of 20 million USDTs to open positions since June 1, with an average price of about US$0.684, and the current floating profit is about US$4.418 million.