🐋 Smart Whale 0xfc9/0x30d Deposits $RNDR to Coinbase Prime
Transaction Details:
Transaction ID: 0x1edc4e97d298a55d572cfd3d37b2894da4bfff05a4000a4dbe036e941c6059bd
Selling Address: 0x30d5f549eef7a1d8800814e6745f34c2828c77ed
Main Address: 0xfc977dcc6d26e738cc7b667aec6575292f89e116
Amount Deposited: 1.19M RNDR ($8.3M)
Trading Summary:
Initial Withdrawal: 3.611M RNDR from Binance at an average cost of $2.283 ($8.24M) between May 5 and July 17, 2023.
Deposits Back: Tokens deposited back to Binance and Coinbase (Prime) at an average price of $4.263 ($15.4M) between June 22, 2023, and July 4, 2024.
Holding Period: Over a year
Profit: Estimated profit of $7.15M (+86.8%)
Whale's Overall Trading Performance:
Cumulative Profit: $20.97M
Tokens Traded: 11
Successful Trades: 7
Win Rate: 63.6%
Implications:
Strategic Trading: The whale demonstrated a strategic approach, buying low and selling high over a significant period, highlighting a disciplined and profitable trading strategy.
Market Impact: Large deposits to exchanges like Coinbase Prime can influence the price and trading volumes of RNDR.