News linked to both this project and an event.
Thus, the 1.72 billion NOM tokens—59% of the circulating supply—that they withdrew from Binance on April 1 via seven wallets were all transferred back into Binance within the past day and a half.
According to on-chain analyst Yujin’s monitoring, in the past half hour, a whale/institution controlling 59% of NOM’s circulating supply has transferred another 768 million NOM ($3.73 million) to Binance. Since last night, this whale/institution has deposited a total of 1.442 billion NOM ($7.67 million) into Binance. Meanwhile, the NOM price has dropped 39% over the past 24 hours.
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).