PANews reported on July 7 that according to monitoring by Ember, a whale or institution has withdrawn a total of 21 million FORM tokens from Binance in the past three days, with a total value of approximately US$58.55 million, of which another 7 million FORM (approximately US$19 million) was withdrawn in the past two hours. The current price of FORM is close to its historical high, and these tokens may not have been purchased recently, or were purchased at a low price.