1kx is set to withdraw most of its Rocket Pool (#RPL ) holdings after a sharp price surge. Following Binance’s announcement of the launch of $RPL contracts on Monday, the token’s price has surged by over 28%, fueling bullish sentiment in the community.

The #Ethereum liquid staking token has caught the attention of traders, and Rocket Pool’s total value locked (TVL) has increased by 2.5% in the past day to $2.94 billion. #Lido leads Ether liquid staking protocols with a TVL of $23.04 billion.

According to Spot On Chain data, 1kx transferred 203,000 RPL (approximately $2.37 million) to Binance and sold 313,739 RPL (approximately $3.7 million). The firm received about 500,000 RPL in December 2020 at a price of $2.56 per token. Currently, 1kx has 315,835 RPL tokens (approximately $3.62 million) remaining in its wallet.

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@Sasha why NOT