According to Lookonchain, the price of RAY surged by nearly 25% following its listing on Upbit, triggering significant trading activity. Notably, whale address 256Eh2 deposited 906,788 RAY (worth $2.26 million) into Binance after the price pump, a move typically associated with potential large-scale selling. Traders should closely monitor RAY/USDT as increased sell pressure from major holders could lead to heightened volatility and quick price corrections in the near term. Source: Lookonchain (Twitter, June 19, 2025).