Posted 3/7/2024, 4:00:00 PM
Render Token Price Hits All-Time High as Investors Cash Out While Whales Hold
- Render (RNDR) price hit an all-time high of $10.30, up 35% in one day
- Traders are holding back awaiting further upside, while retail investors take profits
- About $40M worth of RNDR entered exchanges in under 36 hours as investors seek to cash out
- Whales haven't sold yet, but history shows they tend to sell when price hits new highs
- If $10 level holds, RNDR could see further upside fueled by whale and investor participation
