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Four whales jointly deposited all 6.761M RNDR ($73.6M) to Coinbase at $10.882 on average in the past 2 hours, after 6 months of inactivity:

 

Notably:

  • Each whale accumulated a total of 1.69M RDNR. They withdrew their RNDR tokens from Coinbase mostly between late October and early November 2023 at an average price of only $2.271 (shared estimated cost: $15.4M).
  • If truly selling now, each whale would realize an individual estimated profit of around $14M+ from RNDR after holding for as long as 11 months. This brought their joint profit to $58.2M (+379%).
  • For more details on the PnL of each whale, refer to the table below.

 

Fig 1. Four whales deposited all 6.76M RNDR ($73.6M) to Coinbase in the past 2 hours.

 

Fig 2. The four whales' overall RNDR trading history.

 

Fig 3. The individual PnL of the four whales that deposited RNDR to Coinbase just now.

#rndr
#inactive
#deposit
#coinbase
#profit
#massive