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Whale 0x3A0 Withdraws 2.94 Million RLS from Coinbase

Whale address 0x3A0 increased its RLS holdings to over 98 million tokens after a fresh withdrawal from Coinbase, with no recorded sales to date.

Summary

A cryptocurrency whale identified as address 0x3A0 withdrew 2.94 million RLS tokens from Coinbase, valued at $47,230, 13 hours ago. The whale has accumulated a total of 98.856 million RLS tokens worth approximately $1.51 million, based on a purchase price of $0.026 each, and has not sold any tokens to date.

Terms & Concepts
  • Whale: A term used in cryptocurrency to describe an individual or entity holding large amounts of a specific asset, often capable of influencing market prices.
  • RLS: A specific cryptocurrency token referenced in this transaction, valued here at approximately $0.026 each.
  • Coinbase: A major U.S.-based cryptocurrency exchange enabling users to buy, sell, and store digital assets.