A whale transferred 1 million RNDR to CEX two hours ago
On-chain analyst Yu Jing pointed out that a whale transferred 1 million RNDR (worth $11.17 million) to CEX two hours ago. This whale withdrew 6.9 million RNDR (worth $6.33 million) from CEX between September and October in 2021, when the price of RNDR was only $0.92 each. Subsequently, as the price of RNDR began to rise, this address started shipping in batches since 2022: so far it has transferred 5.9 million RNDR into CEX at an average price of $4.5 each, with an estimated profit of $21.12 million (+389%). Currently, this whale still holds one million pieces of RNDR (worth $11.17 million).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant Analyst: Declining Risk Among Long-Term Crypto Holders Supports Continued Market Rally
The Bank of Italy calls for clear regulatory rules for multi-issuer stablecoins
A certain whale deposited approximately 685,000 USDC into Lighter and opened a 20x leveraged short position on ETH.
Analyst: Bank of Japan's Asset Sale Plan Signals Imminent Rate Hike in October
Trending news
MoreCrypto prices
More
