According to @lookonchain, address 0xe0ba deposited 12M BIO, approximately $3.79M, to Binance after receiving 4.8M BIO, approximately $1.53M, from the BioProtocol vesting wallet about 40 minutes earlier, with the on-chain activity attributed to the address monitored via Arkham Intelligence as supporting evidence (source: Lookonchain on X; Arkham Intelligence). @lookonchain also reports the same address withdrew 15M BIO from Binance five months ago at $0.057 and is now sitting on an estimated profit of $3.72M, a gain of about 436 percent, based on current valuations cited in the alert (source: Lookonchain on X). The cited USD amounts imply a current BIO spot near $0.318 to $0.319, derived from $3.79M for 12M BIO and $1.53M for 4.8M BIO, indicating a substantial price appreciation versus the $0.057 reference level (source: calculation from figures provided by Lookonchain on X). Large token deposits to exchanges are historically associated with increased near-term sell-side liquidity and distribution phases, making the 12M BIO inflow a key flow to monitor for potential market impact (source: Glassnode Insights research on exchange inflows and sell pressure). Traders tracking BIO can watch Binance order book depth and spot volumes to gauge whether the deposited 12M BIO begins to hit the market, as order book dynamics and volume shifts are standard tools for assessing flow-driven price impact (source: Binance Academy explainer on order book depth and volume analysis).