Wallet 0x4dc (likely Placeholder) just deposited 150,000 NMR ($5.32M) to Coinbase Prime at $35.5 after 1.25 years of dormancy:

• transaction: 0xb7b8e884b65a43b85bbe6cdc814124900f140a94ed34e2e365512b7d1e94b7f2
• address: 0x4dce196c4aa0863491afbbe5b3490f03deb3e75e

Notably, in 2019, Numerai closed an $11 million fund-raising round led by Paradigm and Placeholder (more details here). So far, Placeholder has allegedly:

• withdrew 88,339 NMR from Poloniex and Bittrex at $5.484 on average (estimated cost: $484K) on December 15, 2018, and October 10, 2019;
• further received 751,701 NMR from two multisigns linked to the project at $4.28 on average ($3.22M) on February 21, 2019, and February 29, 2020;
• has deposited 290,039 NMR to Coinbase at $38.299 on average ($11.11M) since February 11, 2021;
• transferred the remaining NMR to a new wallet after each deposit, with the latest holding wallet being 0xda408d74fd58739edf30241661601f04e2efa7c8, which now holds 549,999 NMR ($18.8M).

Fig 1. Placeholder's alleged overall NMR withdrawals and deposits from/to CEX.