In the images below, you will see a percentage chart of ownership by holders both of the old #bnx which then became $FORM and the current ones.

Of course, the capitalization has changed as well, but it is important to observe especially the difference in ownership between the "whales" who previously held almost 97% of the currency.

As of today, the difference has changed a lot; certainly, the movement of 9 million dollars of the currency in these days has negatively shaken the situation of FORM, but if it had happened earlier, when everything was in the hands of the whales, it would have been worse, much worse.

Stay hopeful.