::On-chain insights::
💥A HUGE amount of $RNDR was sent to Coinbase after 1 year of HODLing!
▪️Wallet 0x888A sent 3M #RNDR ($33.51M) to Coinbase 7 hours ago.
▪️These tokens could belong to a Render investor (or team), as this 3 million is just a part of the 53.42M #RNDR tokens that the investor/team received 1 year ago, then divided and sent to multiple other wallets.
▪️Selling 3m RNDR in one go could significantly drop the price of the token.
▪️So, most likely the tokens will be sold gradually, which raises questions about any growth potential for RNDR in the near future.