GSR Market's Supposed Address Transfers $4.59 Million in RNDR to Binance
CryptoNewsTerminal Staff17 May, 2024
GSR Market's Supposed Address Transfers $4.59 Million in RNDR to Binance
On Saturday, on-chain analyst The Data Nerd tweeted that "crypto market maker GSR Market's supposed address (starting with 0x537) deposited 455k $RNDR ($4.59M) to Binance 8 hours ago." He added that "this is part of the 1.67M $RNDR they received last week and they don't hold any $RNDR anymore." According to CoinMarketCap, RNDR is currently trading at $10.06, marking a 5.08% decrease. About GSR Market: GSR Market is a quantitative crypto trading firm founded in 2013. It offers various services, including algorithmic trading, OTC trading, and market making. About RNDR: RNDR is an Ethereum token that powers the Render Network, a decentralized GPU rendering service. It allows users to access GPU computing power on-demand from a global network of nodes.
