Render sheds 5.3% in 24 hour trading after 1m RNDR transfer to Binance

Kenetic Capital, the most significant institutional holding of Render project tokens, transferred almost 1 million RNDR. According to Etherscan, Kenetic Capital transferred 999,990 RNDR to the cryptocurrency exchange Binance on Feb. 4. The transfer is valued at almost $4.5 million…