Render tokens (RNDR) fell by 11% following a large deposit by Multicoin Capital into Coinbase. This move involved depositing 3 million RNDR tokens, valued at $33.61 million. This transaction is part of a larger set from 2022, where 58.28 million RNDR were initially transferred to Multicoin Capital from Render Network. This significant financial activity highlights Multicoin Capital's ongoing interest and involvement in the Render token ecosystem.

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