Render Network Wallet Activity Sparks Speculation Amidst Token Unlock

Recent activity from Wallet 0x4f5, suspected to belong to Render Network, has caught the attention of market observers, raising speculation about the project’s intentions amidst a scheduled token unlock. In a series of transactions, the wallet deposited a substantial amount of 1.35 million RNDR tokens (valued at $10.98 million) to Binance, with an average price of $8.13 over the past few hours.  Notably, just five hours prior, the wallet received 2.5 million RNDR tokens from Render Network’s wallets, valued at $20.79 million, at a slightly higher price of $8.316 per token. Intriguingly, the wallet has since deposited 1.652 million RNDR

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