Whale and Trader Activities in RLB Market

Whale 0x397: Accumulation of RLB Tokens

Recent Purchase:

Spent 708,920 USDC to acquire 5.418M RLB at an average price of $0.131 over the past 12 hours.

Wallet Address: 0x3978a66d98df857e04e2379b01f2203720e0926c

Overall Activity:

In the past 33 hours, spent 1M USDC (withdrawn from Coinbase 2 days ago) to buy 7.87M RLB at an average price of $0.127.

Currently has an unrealized profit of $96.6K (+9.66%).

~~~~~~~~

Trader 0xc46: Completed RLB Trade with Significant Gains

Recent Sale:

Sold the remaining 3.4M RLB for 464,802 USDT at an average price of $0.135 in the last 4 hours.

Wallet Address: 0xc469ecb73159b88957965758002bbe1807532814

Trade Summary:

Bought: 7.43M RLB using 585,721 USDT at an average price of $0.0786 (September 30 and October 14-15, 2024).

Sold: All RLB for 985,219 USDT at an average price of $0.133 over the past 2 days, often hitting local peaks.

Profit: Realized gains of $401.5K (+68.8%) after just 2 months.

Key Takeaways:

Whale 0x397 is heavily accumulating RLB, possibly indicating confidence in the token’s future performance.

Trader 0xc46 executed a highly profitable RLB trade, maximizing gains by timing buys and sales effectively, exiting with a 68.8% profit.

RLB remains a token of interest, with significant whale and trader activity, suggesting potential volatility and price movement ahead.

#RLB $RLB