Controlling NOM Whales to Transfer 278 Million to Binance

On April 12th, according to on chain analyst Yu Jin's monitoring, whales/institutions controlling 59% of NOM's circulation transferred the last 278 million NOMs (worth 1.24 million US dollars) held on the chain to Binance one hour ago. The 1.72 billion NOM previously extracted from Binance have all been transferred back to Binance in the past day and a half, during which the NOM price has fallen from $0.007 to $0.004, a decrease of 45%.