Whale Movement Causes $FORM Price Drop: Binance Transfers Spark Market Volatility
In the rapidly changing world of cryptocurrency, the market is often significantly impacted by large transactions conducted by whale addresses. This was recently seen with $FORM, a token that suffered a steep price decrease after a transferred-large-to-Binance series of transactions. The most current round of large transactions, aka whale activity, has traders worried as sentiment in the market shifts, underscoring how even one address can move the price of a lesser-known token. Whale Address Transfers $8.36 Million in $FORM to Binance In the last half hour, a high-profile whale address has sent an astonishing 4 million in $FORM tokens, valued at about a whopping 8.36 million dollars, to the Binance exchange. The immediate effect on the $FORM token price has been a noticeable dip in its value, which just fell by 4%, from an already low price of 2.09 dollars […]
