An address cluster transferred 674 million NOM tokens to a certain CEX within one hour. NOM is down 25% today.

GateNews

2026-04-11 00:21:56

NOM-35,25%

Gate News: On April 11, according to Ember monitoring, the address cluster holding at least 59% of NOM’s circulating supply transferred 23% of NOM’s circulating volume to a certain CEX within the past 1 hour (674 million NOM tokens, worth about $3.94 million). Today, the NOM price is down 25%. This address cluster is very likely the trader(s) who drove NOM up by 6x over the past half month ($0.0017 to $0.0126). They previously withdrew 1.72 billion NOM tokens from a certain CEX via 7 wallets on April 1, accounting for 59% of NOM’s circulating supply (2.9 billion tokens).

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