TechFlow reports on February 5: Five hours ago, a RAY whale deposited 3.07 million RAY (approximately $18.58 million) to Binance and Gate.io exchanges, according to on-chain analyst @ai_9684xtpa. On-chain data shows that over the past seven months, this address has withdrawn a total of 14.78 million RAY from exchanges at an average price of $4.15, amounting to roughly $614.6 million in total value. If all the deposited tokens are sold, the whale is expected to realize a profit of approximately $5.82 million. Notably, this deposit address has had financial interactions with the "ai16z & ZEREBRO Top7 holdings whale."
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