PANews reported on April 6 that according to on-chain analyst Ember’s monitoring, a whale address transferred 4 million FORM (8.36 million USD) to Binance in the past 30 minutes, causing FORM to fall by 4% (2.09 USD → 2 USD). This address withdrew 9.385 million FORM (18.5 million USD) from Binance half a month ago (3/19-3/25) at an average price of 1.97 USD. He currently still holds 5.385 million FORM (10.77 million USD).