2.5 million RNDR were unlocked and transferred from the Render Network escrow allocation wallet to the 0x5B9 address 28 hours ago, with a value of ap

According to on-chain analyst Yu Jin, 2.5 million RNDR ($20.8M) was unlocked and transferred from the Render Network's custody wallet to the address 0x5B9 28 hours ago. Within the past 24 hours, it has entered Binance and Coinbase through multiple recharge addresses, with 312,000 of them being transferred to Binance through the GSR market maker's recharge address. There are still 147 million RNDR ($1.14B) that have not been unlocked and circulated in the Render Network's custody wallet, accounting for 27.7% of the total RNDR supply.