Data: A whale transferred 4 million FORM to Binance, which may cause FORM to fall by 4%

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According to ChainCatcher, as monitored by EmberCN, a whale address transferred 4 million FORM tokens ($8.36M) to Binance in the past 30 minutes, potentially causing a 4% drop in FORM price (from $2.09 to $2).

This address had previously withdrawn 9.385 million FORM tokens ($18.5M) from Binance half a month ago (3/19-3/25), at an average price of $1.97, and currently still holds 5.385 million FORM tokens ($10.77M).

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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