Address spends $1M to accumulate 12.25M NiuLai tokens in 1 hour

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An address (0x90c…888ac) spent $1 million in one hour to purchase 12.25 million NiuLai tokens, briefly pushing the token’s market cap above $90 million. The same address had purchased the token 13 days ago and sold it five days later at $0.03162. The sudden accumulation has drawn attention from traders monitoring altcoins. With the Fear & Greed Index showing mixed signals, such movements underscore the market’s short-term volatility.

PANews, August 30: According to Ai Yi monitoring, the address 0x90c…888ac spent $1 million in the past hour to accumulate 12.25 million BULL tokens, briefly pushing the token’s market cap above $90 million; this address previously purchased the token 13 days ago and exited at $0.03162 five days ago.

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