$943K WHALE INFLOW IS $RLC FACING SELLING PRESSURE?
Guys, a single whale just moved 912K $RLC worth around $943K into Binance across four separate transfers.
The deposits were split into 112K, 300K, 250K and 250K RLC, with Binance hot wallets quickly moving the tokens into execution reserves.
That’s a lot of RLC hitting an exchange in just one hour.
At the same time, Coinbase saw 104.7K RLC withdrawn to private custody, showing a different flow on the other side.
The Binance inflow doesn’t confirm a sell, but if more $RLC keeps moving onto exchanges, I’d expect extra sell-side pressure.
#RLC/USDT
Guys, a single whale just moved 912K $RLC worth around $943K into Binance across four separate transfers.
The deposits were split into 112K, 300K, 250K and 250K RLC, with Binance hot wallets quickly moving the tokens into execution reserves.
That’s a lot of RLC hitting an exchange in just one hour.
At the same time, Coinbase saw 104.7K RLC withdrawn to private custody, showing a different flow on the other side.
The Binance inflow doesn’t confirm a sell, but if more $RLC keeps moving onto exchanges, I’d expect extra sell-side pressure.
#RLC/USDT
