Svmuureported that according to Arkham data, the Bitget exchange hot wallet address (0x1AB) has made a significant withdrawal of approximately 20.1M RAVE tokens, worth about $18.458 million, over the past 8 hours.
The 20.1M RAVE tokens were distributed to 8 independent addresses, with individual withdrawal amounts ranging from 1.45M to 3.511M tokens.
Currently, the circulating supply of RAVE is 248.04M, and this withdrawal accounts for approximately 8.1% of its total circulating supply. RAVE is currently trading at $0.9203, up 3.14% in the past 24 hours, with a circulating market cap of $228 million.
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Whales accumulate 20.1M RAVE via Bitget, accounting for approximately 8.1% of its circulating supply
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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