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A giant whale submitted another 7 million FORMs from Binance within 2 hours."

According to online reports, according to analyst Ember monitoring, a giant whale/institution has continued to withdraw FORM tokens from Binance Exchange in the past three days, and has requested another 7 million FORM tokens from Binance within 2 hours. The daily withdrawal volume has stabilized at 7 million., a total of 21 million FORM tokens have been withdrawn, with a total value of approximately US$58.55 million. The analysis believes that judging from the recent transaction volume and price trend of FORM 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 occurred when the FORM price was near its recent high, suggesting that the behavior may have another purpose.

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