On-chain analysts recently revealed that GSR's alleged crypto address made a substantial deposit of $3.5 million worth of Reserve Rights (RSR) and RARE tokens into Binance approximately three hours ago. According to data from The Data Nerd, the address transferred 10.7 million RARE, valued at $1.29 million, and 133 million RSR, valued at $2.21 million, totaling $3.5 million. Post-transfer, the address holds 821 RARE, worth roughly $992k, and 32 million RSR, worth around $546k. This deposit underscores the significant role of GSR as a market maker in the cryptocurrency space. The firm's actions can sway market sentiment and influence price movements. It remains uncertain why GSR made this deposit, but analysts speculate it could be related to market-making strategies or client order fulfillment. These developments highlight the evolving landscape of the cryptocurrency market, where market makers play a pivotal role in liquidity provision and price stability.