Recent on-chain analysis reveals significant activity within the cryptocurrency market, particularly involving a large investor known as a ‘whale’ who has been making notable moves with altcoins. 12 million BIO tokens, valued at $3.78 million, were transferred to Binance just an hour ago by this address, following a similar transfer five months prior for a significantly smaller amount ($850,000). This coincides with a significant price surge for BIO, increasing from $0.057 to $0.315 in the same timeframe, resulting in a 4.5x profit for the investor. Furthermore, this wallet also withdrew another 4.8 million BIO shortly before the transfer, adding further intrigue to these events. The price surge of BIO has been notable over the past week, increasing by 108%. This activity comes on the heels of a significant move from another address who profited during the LUNA/UST collapse, selling ETH and WBTC, generating $9.79 million in profit after downsizing their portfolio.