According to a report from CoinWorld on July 22, on-chain analyst Ember monitored that the Trend Research address transferred 1.5 million FORM (approximately 5.12 million USD) to Binance 10 hours ago. They withdrew 9 million FORM (19.20 million USD) from Binance at a price of 2.13 USD at the end of April. Then, they transferred 3 million tokens to Binance at a price of 2.56 USD at the end of May, and 1.5 million tokens to Binance at a price of 2.58 USD at the end of June. Today (the end of July), they transferred 1.5 million tokens to Binance at a price of 3.41 USD. The average price of the 6 million FORM transferred out was 2.78 USD, with an estimated profit of 3.9 million USD. They currently hold 3 million FORM (approximately 10.44 million USD).