A whale deposited 4 million FORM to a CEX, equivalent to approximately $8.36 million

BlockBeats News, April 6th, according to EmberCN monitoring, a whale address transferred 4 million FORM tokens ($8.36M) to Binance in the past 30 minutes, potentially causing a 4% FORM price drop (from $2.09 to $2).

This address had withdrawn 9.385 million FORM tokens ($18.5M) from Binance half a month ago (3/19-3/25) at an average price of $1.97. It still holds 5.385 million FORM tokens ($10.77M) currently.