Huo Xing Finance reports that on August 30, according to on-chain analyst Ai Yi (@ai_9684xtpa), the address 0x90c…888ac spent approximately $1 million in the past hour to purchase 12.25 million "Niu Lai" tokens, re-establishing a position in the token. During the buying period, the market cap of "Niu Lai" briefly surpassed $90 million. This is not the first time this address has traded "Niu Lai"; it previously built a position 13 days ago and sold all holdings five days ago at $0.03162, and this purchase marks a re-entry after the prior exit.
Address spends $1M to purchase 12.25M 'NiuLai' tokens
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Summary
On August 30, 2026, a blockchain analyst reported that an address (0x90c…888ac) spent approximately $1 million to purchase 12.25 million 'NiuLai' tokens within one hour, marking the token’s new listing. The token’s market capitalization briefly surpassed $90 million during the purchase. This follows a prior token launch announcement 13 days ago, when the same address accumulated a position, later sold five days ago at $0.03162 per token.
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