Early buyer cashes out of Binance Life, turning $2,480 into $12.38 million

On June 1st, according to on-chain analyst Ember, after Binance Coin (BNB) rose 40% today, an address that bought in within half an hour of Binance Coin's launch last October began to take profits. 30 minutes ago, it transferred 3.5 million Binance Coin (worth $2.38 million) to Binance. This address bought 18.5 million Binance Coin for 2.14 BNB (worth $2,480), at an average price of $0.00013. It still holds 15 million Binance Coin (worth $10 million). The total profit has increased from $2,480 to $12.38 million, a return of approximately 5000 times.