The price of $RAY spiked nearly 25% following its listing on Upbit, drawing the attention of both traders and whales.

Shortly after the pump, whale 256Eh2 deposited 906,788 #Ray (worth around $2.26M) into #Binance — a move that strongly hints at a potential sell-off.

Address: 256Eh2SHgCtxhhdVWyJ6HyH4xDgdRP7R4ZbHn1GpLoUt

Smart profit-taking or preparing for more action? Time will tell.