🚀🔗 Render Network Transfers 2.07M $RNDR ($12.99M) to Wallet 0x537! 💸📈
📜 Transaction Details:
Transaction ID: 0x0d8df376ea3c296aa7c876512a4bd6f0fef2600f98de1c8d9ed726e383e3f283
Render Network's Address: 0xb6e39e540e3472e927001bbbf77ffb5ab357b0e0
Receiving Address: 0x53743ac55e434f8aa5097f038b13193497d54d42
🔍 Key Observations:
Consistent Transfers: Render Network has been transferring RNDR tokens to wallet 0x537 almost every month since January 11, 2024. To date, a total of 10.17M RNDR (~$80.92M) has been moved to this wallet.
Exchanges Activity: Wallet 0x537 has transferred 8.06M RNDR ($72.77M) to various exchanges, with some deposits to CEX via GSR Markets' Binance address, in two unloading waves.
Market Impact: The RNDR price showed overall upward trends during these two active unloading waves .
💡 Insight:
These movements suggest that wallet 0x537 likely belongs to the market maker GSR Markets.