After withdrawing 112,000 PROM from Binance, the price surged by 75%

An address that previously sold $PROM tokens to DWF LABS co-founder Andrei Grachev withdrew 112,000 $PROM from Binance in the last 18 hours, with a total value of approximately $1.12 million. Previous activities of this address include withdrawing 529,000 $PROM from Binance in December 2023, valued at around $257,000, and selling nearly 50,000 $PROM at an average price of about $10 per token for $500,000 to Grachev in February 2024. Following this transaction, the price of $PROM surged by approximately 75%.