ChainCatcher Latest News: On-chain analyst Yu Jin has detected a series of significant actions by Binance Labs on Binance recently. The day before yesterday, they transferred 30 million GMT to Binance, and just an hour ago, they transferred 400,000 AXS (worth 3.72 million USD) to the same platform. Notably, Binance Labs is the investment institution for Axie Infinity (AXS), having accumulated 11.8 million AXS through vesting unlocks. Over the past four years, 10.8 million AXS of this amount has been transferred to Binance at an average price of 10.13 USD. Currently, Binance Labs still holds 1 million AXS, with a market value of approximately 9.43 million USD.