Render Network related wallets transferred 323,000 RNDRs to Gateio and GSR markets in the past hour

According to Spot On Chain, wallet 0x537 (linked to Render Network) transferred 323,000 RNDRs (3.36 million USD) to Gateio and GSR markets in the past hour for future CEX deposits.
Since last January, the wallet has received a total of 8.10 million RNDRs ($67.90 million) from Render Network and deposited 6.52 million RNDRs ($56 million) into CEX, usually before the price drops.