On-chain Data Analysis - Binance Life

The third largest address 0a6 result, currently holding 1.8%, started buying in small amounts since the peak on October 8th, purchased about 16,000 coins, then sold 6,000, the first wave of operations incurred a loss.

In the second wave of operations, on October 11th, bought 700,000 coins, at that time the estimated price was around 0.1, closed 700,000 coins two days later, two days later the coin price rebounded by about 80%, the brother made an estimated profit of 50%, around 50,000 to 70,000 USD.

Perhaps because the second wave made money, the brother started bottom-fishing on November 6th, continuing to bottom-fish until November 18th, with an estimated cost in this wave above 0.15.

At the current price of 0.1, it is definitely a loss, estimated loss of 800,000 USD! However, this brother has not cut losses yet, probably waiting for a wave of explosion in Binance Life! $币安人生