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It appears that Render Network has once again deposited RNDR into CEX, transferring 323,000 RNDR in the past hour

Bitget2024/05/09 03:58

According to Spot On Chain monitoring, after RNDR price soared about 40% (7-day increase), Render Network seems to continue depositing RNDR into CEX. In the past hour, wallet 0x537 (linked to Render Network) transferred 323,000 RNDR (approximately $3.36 million) to CEX. Since January last year, this wallet has received a total of 8.1 million RNDR (about $67.9 million) from Render Network and deposited 652 RNDR ($56 million) into CEX, usually before the price drops.

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Disclaimer: everything in the article represents the author's point of view and has nothing to do with this platform. This article is not intended to be used as a reference for making investment decisions.

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