A suspected Multicoin Capital address deposited 3 million RNDR into Coinbase 2 hours ago

Odaily News According to Spot On Chain monitoring, wallet 0x888 (possibly belonging to Multicoin Capital) deposited 3 million RNDR (about 33.6 million US dollars) into Coinbase 2 hours ago. It is worth noting that these tokens are part of the 58.28 million RNDR released by Render Network to Multicoin Capital in 2022; then, the VC distributed its RNDR to multiple wallets, which still hold a total of 20.74 million RNDR (about 233 million US dollars).