According to Spot on Chain data, an address starting with 0xd08 sold all of its approximately 6.042 million RLB holdings 12 and 8 hours ago at an average price of $0.208, in exchange for 1.26 million USDC. Data shows that the same address purchased these RLB for an average price of $0.128 and 774,000 USDC on October 11, realizing a profit of $485,000 (+62.6%) from this sale.
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The address starting with 0xd08 has sold off all approximately 6 million RLB positions in the past half day.
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