Kenetic Capital just deposited 500,000 RNDR ($2.51M) to Binance at $5.017.

• transaction: 0x1728947c0eae5248c2bca18064af05f68d655fedf6ab0a114199943a18217120
• address: 0xf265faa1fe24e94f955321d9966e932732e3eb65
• This address belongs to the entity Kenetic Capital

In total, the VC deposited 1M RNDR ($4.89M) to Binance at an average price of $4.89 in the past 3 days as the price surged.

Currently, Kenetic Capital still holds 5.6M RNDR ($27.9M), being the largest individual holding address of RNDR. The VC has an estimated total gain of $5.82M on top of their return from the private-sale investment in the Render Network.

The RNDR price dropped 3.11% in the past hour.

Fig 1. Kenetic Capital deposited 1M RNDR ($4.89M) to Binance in the past 3 days as the price surged.

Fig 2. Kenetic Capita's overall RNDR trading history as an institutional trader of Render Network.

Fig 3. Kenetic Capital 0xf26 is the largest individual holding address of RNDR.