According to analyst Ember monitoring, a giant whale/institution continued to withdraw FORM tokens from the Binance exchange in the past three days, and then proposed 7 million FORMs from Binance within 2 hours. The daily withdrawal amount is stable at 7 million, and 21 million FORMs have been extracted, with a total value of about 58.55 million US dollars.
According to the analysis, judging from the recent FORM trading volume and price trend in Binance, this batch of tokens may not have been purchased recently, but accumulated chips when the price was low. It is worth noting that this large-scale withdrawal took place near the recent high of FORM price, suggesting that this behavior may have another purpose.
A giant whale 7 million FORM from Binance within 2 hours
2025-07-07 08:50:54
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