Trend Research transferred 1.5 million FORM to CEX, cashing out 6 million in total in 3 months, with a profit of approximately US$3.9 million

Odaily News According to the monitoring of crypto analyst Ember @EmberCN, Trend Research transferred 1.5 million FORM (worth $5.12 million) to Binance today. Since withdrawing 9 million FORM from Binance at the end of April, this address has transferred 3 million at the end of May (price $2.56), 1.5 million at the end of June (price $2.58), and this time transferred another 1.5 million at a price of $3.41.
A total of 6 million FORMs were transferred in three times, with an average price of about $2.78, and an estimated profit of about $3.9 million. Currently, Trend Research still holds 3 million FORMs, which is worth about $10.44 million at the current price.