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).

According to Lookonchain, the price of RAY surged by nearly 25% following its listing on Upbit, a major South Korean crypto exchange. Shortly after the price pump, a notable whale identified as 256Eh2 deposited 906,788 RAY, valued at approximately $2.26 million, into Binance, signaling a potential sell-off. This large-scale movement indicates heightened short-term volatility and increased trading opportunities for RAY (source: Lookonchain, June 19, 2025). Traders should monitor Binance and Upbit order books for liquidity shifts and price corrections as whale activity can significantly impact RAY's price momentum in the near term.