Per TheDataNerd monitoring, a prominent whale address labeled 0x3A0 moved 2.94 million RLS from Coinbase roughly 13 hours ago, valued near $47,230. This on-chain withdrawal highlights ongoing capital flows within the RLS ecosystem and keeps scrutiny on large-holder activity.
The wallet now holds 98.856 million RLS, about $1.51 million at current prices, with an average purchase price near $0.026. No sale has been recorded; the stake appears to be repositioning rather than exiting. Traders will monitor subsequent movements for potential implications on liquidity and market sentiment surrounding RLS.