This giant whale/entity has withdrawn 7 million $FORM ($19M) from Binance in the past 2 hours.

This marks the third consecutive day they have withdrawn $FORM from Binance: withdrawing 7 million each day, totaling 21 million $FORM ($58.55M) so far.

However, based on the recent trading volume and price trend of $FORM on Binance, I personally feel that these FORM tokens were likely not purchased recently.

It is very likely that they were bought at lower prices previously, and now with the price of $FORM near its new highs, withdrawing large amounts from the exchange seems to suggest the purpose is not so simple 😂