Binance RPL Contract Launch Boosts Price, 1kx Sells Over $2M Worth of RPL

According to BlockBeats, on September 10, according to the monitoring of on-chain data analyst Yu Jin, after Binance announced the launch of RPL contracts yesterday, the price of RPL rose by 28%. Investment institution 1kx took advantage of the price increase to sell 203,319 RPL (about 2.38 million US dollars).

1kx recently started selling RPL through Amber Group. In the past 12 days, a total of 313,737 RPL (about 3.71 million US dollars) was transferred to the Amber Group address and then entered Binance.

1kx is an investor in Rocket Pool. In December 2021, it received an allocation of 570,393 RPL through investment, and deposited all of them into Rocket Pool node stake in 2023. Currently, 1kx still has 315,835 RPL (about 3.63 million US dollars) staked.

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