A whale address starting with 0x551 has transferred over 418,000 RNDR to CEX in the past 19 hours

According to on-chain data analyst @ai_9684xtpa on platform X, in the past 19 hours, a whale address starting with 0x551 has deposited a total of 418,653 RNDR tokens into Binance, worth $3.62 million. If all sold out, it will profit $750k. It is reported that this address had transferred out 510k RNDR from Binance at an average price of $6.87 on March 5th and has been engaging in high-frequency short-term trading over the past year; it currently still holds 600k tokens with a total value of $5.85 million.