Just discovered an interesting on-chain action——

Around 11:55 today, an address starting with (0x95C3 suddenly transferred over 5.64 million FORM to another wallet starting with )0xb840, equivalent to just over 2.1 million dollars.

Recently, there has indeed been quite a bit of activity on the FORM on-chain, with several large transfers bouncing between different addresses. What does this kind of operation usually mean? It could be a reallocation of funds or possibly some other strategy.

It's always good to keep an eye on things, especially for friends holding FORM.

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RiddleMaster

· 11-28 10:16

It's jumping again, this pace is a bit fast.

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OnchainArchaeologist

· 11-25 13:55

2.1 million dollars is a significant amount, so keep a close watch. --- 5.64 million coins dumped all at once, is this a whipsaw or are they really going to act? --- Something feels off, FORM has been jumping around so frequently lately, it feels like they are testing the waters. --- Those holding should wake up. --- Who on earth is this 0x95C3? Can we find out the background? --- Another large transfer, and another address jumping around, it looks like someone is collecting chips. --- With 2.1 million dollars moving so quickly, it’s either institutional whipsawing or… what do you guys think? --- FORM's on-chain activity has been so high recently, that’s not a good sign. --- Can you analyze the history of these two addresses? It feels complicated. --- Keeping an eye on it is the right move, anyway, it’s not like I have anything else to do.

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WinterWarmthCat