Trend Research deposited 1.5 million FORM tokens into CEX, with the total position expected to have a profit of $3.9 million.
BlockBeats News, July 22, according to EmberCN monitoring, the Trend Research address transferred 1.5 million FORM tokens (approximately $5.12 million) to Binance 10 hours ago.
They withdrew 9 million FORM tokens (approximately $19.2 million) from Binance at the end of April when the price was $2.13. Then, at the end of May, they transferred 3 million tokens to Binance at a price of $2.56, and at the end of June, they transferred 1.5 million tokens to Binance at a price of $2.58. Today, at the end of July, they transferred 1.5 million tokens to Binance at a price of $3.41.
The average price of the 6 million FORM tokens transferred out is $2.78, with an expected profit of $3.9 million. They still hold 3 million FORM tokens (approximately $10.44 million) now.
You may also like

Morning Report | DeepSeek completes over $7 billion in financing, with a valuation exceeding $50 billion; Musk's personal wealth has surpassed the total market value of Bitcoin

Cursor, why did you get on Musk's spaceship?

In the name of charity, for the benefit of the family: How the Trump family turned charity into profit?

Will Gold Break $4,500 After Tonight's Fed Decision? What XAUT and PAXG Traders Need to Know

SharpLink CEO: How to understand that Ethereum developers have just surpassed 1 million?

Morning Report | MiCA grace period expires on July 1; Kalshi's trading volume in the first week of the World Cup breaks $5.1 billion, setting a record

The foundation of SpaceX's trillion-dollar valuation: Who is dividing Musk's annual capital expenditure of tens of billions?

How to exit after asset tokenization?

The stablecoin positioning battle escalates: When compliance is just a ticket to entry, will USD1 become the biggest winner?

A16Z: The sun bears witness, SpaceX is worth 7.5 trillion

Mergers and acquisitions in the cryptocurrency market are exceptionally active

Concerns Behind the Binance Customer Service Controversy

SpaceX Stock Prediction After the IPO: Can SPCX Reach $200 Before QQQ Inclusion?

Congratulations to Carl Moon on His Historic Ferrari Challenge Le Mans Podium Triumph
Crypto influencer and racing enthusiast Carl Moon finished third in the Ferrari Challenge Le Mans Coppa Shell class, marking his best result of the year. As his racing partner and sponsor, WEEX celebrates this remarkable achievement and continues to lead crypto’s journey beyond boundaries, uniting the innovation of digital assets with the passion of motorsport.

Can the CLARITY Act Become Law by July 4? Everything You Need to Know About the Final Battle

France vs Senegal World Cup 2026: Mbappe’s New Era Begins Against a Historic Rival

What is the connection between Huang Zheng of Pinduoduo and blockchain?

