Odaily Planet Daily Update:

According to on-chain analyst Yu Jin, about an hour ago a major whale or institutional holder moved the remaining 278 million NOM tokens to Binance, with an estimated value of around $1.24 million.

Data shows that the full 1.72 billion NOM previously withdrawn from Binance on April 1—spread across 7 different wallets—has now been completely sent back to the exchange.

During this series of transfers, NOM’s price saw significant pressure, dropping from $0.007 to $0.004, marking a decline of roughly 45%.$NOM

NOM

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