An address set transferred 674 million NOM tokens to Binance, worth $3.94 million.
According to on-chain analyst Ember (@EmberCN), a set of addresses holding at least 59% of NOM (Nomina)’s circulating supply transferred 23% of the token’s circulating supply (674 million NOM, valued at $3.94 million) into Binance over the past hour. NOM’s price dropped 25% today. This address set is likely the same entity that drove NOM’s price up sixfold (from $0.0017 to $0.0126) over the past half-month. On April 1, it withdrew 1.72 billion NOM from Binance across seven wallets—representing 59% of NOM’s total circulating supply (2.9 billion NOM).
