Market Maker GSR Markets Withdraws 1.22 Million RNDR from Coinbase Amid Price Dip

COINOTAG news, dated September 24, revealed through monitoring data from ai_9684xtpa that GSR Markets, a well-known market maker, executed a significant withdrawal. Specifically, they withdrew 1.22 million RNDR tokens from Coinbase 50 minutes ago, valued at an impressive $7.52 million. The withdrawal happened when the price per RNDR was $6.14. Following the withdrawal, market conditions drove the RNDR price down by nearly 3%, settling at $5.98 as of the most recent update. RNDR has now emerged as the second largest holding in this address, with an aggregated value of $10.46 million, surpassed only by its USDT holdings.