Data: An address set transferred 674 million NOM to Binance in the past hour, approximately equivalent to 3.94 million USD

According to on-chain analyst Yu Jin's monitoring, a set of addresses holding at least 59% of the circulating supply of NOM (Nomina) transferred 23% of the NOM circulating supply (674 million NOM, worth 3.94 million USD) to Binance in the past hour, and the price of NOM dropped by 25% today.

This set of addresses is likely the operators who drove the price of NOM up sixfold (from 0.0017 to 0.0126 USD) in the past two weeks. On April 1, they withdrew 1.72 billion NOM from Binance through seven wallets, accounting for 59% of the NOM circulating supply (2.9 billion).