Data: Suspected Multicoin Capital address deposits 3 million RNDR into Coinbase, approximately 33.6 million USD

ChainCatcher news, according to Spot On Chain monitoring, wallet 0x888 (possibly belonging to Multicoin Capital) deposited 3 million RNDR (approximately 33.6 million USD) to Coinbase 2 hours ago.

It is worth noting that these tokens are part of the 58.28 million RNDR that Render Network released to Multicoin Capital in 2022; subsequently, the VC allocated its RNDR to multiple wallets, which still collectively hold 20.74 million RNDR (approximately 233 million USD).