TechFlow news, on November 5, according to Onchain Lens monitoring, THORChain (RUNE) price dropped by 15% over the past 24 hours. This may have been triggered by a large-scale sell-off from a whale on the Kraken exchange, causing market panic.
Earlier today, this whale withdrew 2.85 million RUNE (worth approximately $12.35 million) from the exchange and swapped part of it into Bitcoin (BTC) via ThorSwap.
The whale has now transferred all 9.69 BTC obtained from the swap to the Kraken exchange, while moving the remaining 2.7 million RUNE to Binance.




