Data: A certain whale withdrew 7 million FORM from Binance again within 2 hours

ChainCatcher news, according to analyst Yu Jin's monitoring, a certain whale/institution has continuously withdrawn FORM tokens from Binance exchange over the past three days, withdrawing 7 million FORM in the last 2 hours alone, with a daily withdrawal amount stabilizing at 7 million. So far, a total of 21 million FORM has been withdrawn, with a total value of approximately 58.55 million USD.

Analysis suggests that based on the recent trading volume and price trend of FORM on Binance, this batch of tokens may not have been purchased recently but rather accumulated when prices were lower. It is noteworthy that this large-scale withdrawal occurs when the price of $FORM is near a recent high, indicating that this behavior may have other purposes.