The RLB price dropped up to 10.37% in the past 24 hours. We noticed four whales dumping 14.35M RLB ($2.26M) during this period (listed based on the latest to oldest transactions):

1. Whale 0xd08 sold 5.60M RLB for 836,025 USDC at $0.15.

• transaction: 0xee2a04e062d161b6c6db97e56b2c07c94583476ce3c7d54ab3d9f872d555ee95
• address: 0xd08c9aa53e85c7098470ca259caddb0eada3a245
• check out whale 0xd08's visualizer here

Notably, whale 0xd08 bought a total of 13.68M RLB with 2.178M USDC/T at an average price of $0.159 on October 11 and November 23, 2023. So far, the whale has sold 11.64M RLB for $2.1M worth of stablecoins at an average price of $0.18.

Currently, the whale holds 2.04M RLB ($320K). His estimated total profit from RLB is $240K (+11%).

Fig 1. Whale 0xd08 sold 5.60M RLB for 836,025 USDC just now.

Fig 2. Whale 0xd08's overall RLB trading history.

2. Whale 0x4db sold 3.10M RLB for 492,387 USDC at an average price of $0.159:

• transaction 1: 0x521dda33dd19945cbf82f5623b57c44095d0b30f9d4c93a9b8c3d19fb14caa91
• transaction 2: 0x2c1cd763e3d0864a0d14e5543bd3bf0cec8af4514e7cfa171fe3dadb977dd07d
• address: 0x4db2b8346a2c7a8d7d546f9c18bba9c30a0151c5
• check out whale 0x4db's visualizer here

Notably, the whale just received those tokens from Rollbit: ERC-20 Hot Wallet 2 hours ago. The obtained USDC from the sales was then quickly transferred to the new address 0xDd4. Address 0xDd4 may deposit the stablecoins to Binance soon.

Currently, the whale no longer holds RLB.

Fig 3. Whale 0x4db sold 3.10M RLB for 492,387 USDC in the past 1.5 hours.

3. Whale 0x449 sold 1.65M RLB for 266,901 USDC at $0.16.

• transaction: 0xb9a63242596218936cb0cd83d2cc460bf7504c563d54a4c2b3e8674f38975d20
• address: 0x449cec8ba8da1968bbd10a80f224c744aa589d6d
• check out whale 0x449's visualizer here

Notably, the whale accumulated those tokens from Binance and DEX at an average price of $0.186 (estimated cost: $306K) on August 25 and 26, 2023. As such, he would realize a small loss of $39.4K (-12.9%) after 3 months.

Currently, the whale no longer holds any RLB.

Fig 4. Whale 0x449's overall RLB trading history.

4. Whale 0x915 sold 4.00M RLB for 662,727 USDC at $0.17.

• transaction: 0x88e0c46c745d3d5a6f898f6f41464f5346218da7ad51b33ebc6cd9af35efa7f5
• address: 0x915978300f4c374197a370b55edaddb09d6f5f33
• check out whale 0x915's visualizer here

In total, the whale has dumped 34.4M RLB for 6.2M USDC at an average price of $0.18 since November 12 (17 days ago). Notably, he received those RLB tokens from Rollbit: ERC-20 Hot Wallet, and sent all of the USDC obtained from his sales to Kraken.

Fig 5. Whale 0x915 sold 4.00M RLB for 662,727 USDC in the past 24 hours.

Fig 6. Whale 0x915's overall RLB selling history.