Render

<ul><li>Render Network recently shifted 2.5 million RNDR, valuing approximately $20.8 million, to a new wallet.</li><li>Of the transferred RNDR, 1.65 million, worth around $13.4 million, was deposited into Binance.</li><li>RNDR&#39;s price fell to $7.87, marking a 6% daily drop, with a weekly decline of 14% and a monthly decrease of 35%.</li></ul>The Render Network <a href="https://twitter.com/spotonchain/status/1780500069026074865" rel="noopener noreferrer nofollow">recently </a>moved a substantial amount of RNDR tokens, significantly exceeding the expected unlock amount for the day. Spot On Chain report revealed that approximately 2.5 million RNDR tokens, equating to around $20.8 million, were transferred to a new wallet designated as 0x5b9. Moreover, within just five hours, Binance received about 1.65 million RNDR, valued close to $13.4 million, from this transaction.<img src="https://academy-public.coinmarketcap.com/optimized-uploads/e18d987ca6b046549038c24dcb52ca67.png" />Interestingly, Render Network&#39;s schedule only anticipated the release of about 761,000 RNDR tokens today, which would represent just 0.2% of its circulating supply and roughly $6.33 million in value. Consequently, the movement of funds has sparked curiosity and speculation within the cryptocurrency community.<a href="https://cryptotale.org/render-network-transfers-excess-rndr-tokens-sparks-inquiry/" rel="noopener noreferrer nofollow">Read more on Cryptotale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Instagram </a>|

Render Network Transfers Excess RNDR Tokens, Sparks Inquiry

CryptoTale

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