A whale transferred 1 million RNDR to CEX two hours ago

On-chain analyst Yu Jing pointed out that a whale transferred 1 million RNDR (worth $11.17 million) to CEX two hours ago. This whale withdrew 6.9 million RNDR (worth $6.33 million) from CEX between September and October in 2021, when the price of RNDR was only $0.92 each. Subsequently, as the price of RNDR began to rise, this address started shipping in batches since 2022: so far it has transferred 5.9 million RNDR into CEX at an average price of $4.5 each, with an estimated profit of $21.12 million (+389%). Currently, this whale still holds one million pieces of RNDR (worth $11.17 million).