According to @lookonchain, after BNBHolder was listed on Binance Alpha, wallet 0x68f7 withdrew 1,127 BNB (about $972,000) from Binance, as shown in on-chain records (source: Lookonchain X post on 2025-11-25 https://twitter.com/lookonchain/status/1993212789494821347; DeBank history https://debank.com/profile/0x68f7c059ca576651dc4a8526ec1e3a7eaedbac8a/history). @lookonchain reports the same wallet then spent 1,115 BNB (about $963,000) to purchase 86.2 million BNBHolder at $0.0112, equal to 8.62% of the total supply (source: Lookonchain X post on 2025-11-25 https://twitter.com/lookonchain/status/1993212789494821347). Based on @lookonchain’s reported 86.2 million tokens being 8.62% of supply, total supply is implied at roughly 1.0 billion, putting the implied fully diluted valuation near $11.2 million at the $0.0112 trade price (source: figures from Lookonchain X post on 2025-11-25; calculation derived from those figures). This positions the whale’s cost basis around $0.0112 and concentrates 8.62% of BNBHolder in a single address immediately post-listing (source: Lookonchain X post on 2025-11-25 https://twitter.com/lookonchain/status/1993212789494821347).