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.