$NOM Setup Is Getting Interesting at $0.00232
Over 208M $NOM moved into Binance cold storage in the last 5 hours, with 312M+ tokens moved out of Binance-related wallets over 24H.
At the same time, funding has turned negative, showing shorts are getting crowded.
But Coinbase also moved 112.5M NOM (~$234K) into its hot wallet.
So we have heavy exchange withdrawals + crowded shorts + some fresh sell-side liquidity.
If shorts get squeezed, $NOM could move fast.
#NOMUSDT
Over 208M $NOM moved into Binance cold storage in the last 5 hours, with 312M+ tokens moved out of Binance-related wallets over 24H.
At the same time, funding has turned negative, showing shorts are getting crowded.
But Coinbase also moved 112.5M NOM (~$234K) into its hot wallet.
So we have heavy exchange withdrawals + crowded shorts + some fresh sell-side liquidity.
If shorts get squeezed, $NOM could move fast.
#NOMUSDT
