Dormant whale moved all RNDR to Coinbase for massive profit

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May 24, 2024

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Dormant whale moved all RNDR to Coinbase for massive profit

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Related addresses

0xcbd507ea0359b62bbda306c21aea3cf270b0ec94

Total tokens transferred

1.690M

RNDR

Related transactions

0xcbd507ea0359b62bbda306c21aea3cf270b0ec94

Coinbase deposit

May 24, 22:15

Whale 0xcbd just deposited 1.69M RNDR ($17.03M) to Coinbase at $10.08:

transaction: 0x0d4dd99c59bc65e653459e8e09bfcd6610bc9bee2175b79dcc2c45ad4fabe647
address: 0xcbd507ea0359b62bbda306c21aea3cf270b0ec94

Notably, the whale withdrew those RNDR tokens from Coinbase at only $2.265 on average (estimated cost: $3.83M) from November 2 to 10, 2023. If truly selling now, the whale would realize an estimated profit of $13.2M (+345%) after nearly 7 months of holding.

Currently, the whale no longer holds RNDR. Besides RNDR, the whale has yet to trade other tokens.

Fig 1. Whale 0xcbd's overall RNDR trading history.

#coinbase

#deposit

#rndr

#render network

#dormant

#profit

#massive

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Dormant whale 0xcbd moved all RNDR to Coinbase for massive profit

Last synced: May 24, 22:23

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2024 Jul 24 - 03:36

Whale withdrew 846,527 RNDR ($5.45M) from HTX

Whale 0x975 just withdrew 846,527 RNDR ($5.45M) from HTX at $6.437. This is the first time that the whale has accumulated RNDR.

2024 Jul 20 - 19:39

Whale withdrew the first 300,095 RNDR ($2.08M) from Binance

Whale 0xb91 just withdrew 300,095 RNDR ($2.08M) from Binance at $6.933 for the first time. Notably, the whale then sent all RNDR tokens to Wormhole Portal: Token Bridge, probably to bridge to Solana.

2024 Jul 15 - 09:43

Whale withdrew the first 398,590 RNDR ($2.63M) from Gate.io

Whale 0x435 just withdrew 398,590 RNDR ($2.63M) from Gate.io. Notably, RNDR is the first token that the whale accumulated on the Ethereum chain.