Render Network Deposits $2.1M Worth of RNDR on Binance

IconCryptoNewsTerminal Staff30 May, 2024

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Render Network Deposits $2.1M Worth of RNDR on Binance

On-chain analyst The Data Nerd revealed that an address supposedly belonging to Render Network moved 2M $RNDR ($2.1M) to Binance. The address has received a total of 863,000 $RNDR in the last 4 months and has sent 721,000 $RNDR to Binance. The address currently holds 142,000 $RNDR ($1.49M). Render Network is a decentralized GPU rendering network that connects 3D artists and studios with computing power providers. $RNDR is the native token of the network and is used to pay for rendering services.