A multisig address has withdrawn a total of 29.78 million RAVE, valued at approximately $33.68 million.
According to on-chain analyst Ai Aunt (@ai9684xtpa), the multisig address 0x0A1...790d7 has withdrawn a total of 29.78 million RAVE tokens from Bitget over the past 7 hours, with a total value of approximately $33.68 million. The RAVE token’s price has surged by 333% over the past 24 hours. This address is clearly linked—via fund flows—to two addresses that deposited tokens into exchanges near the beginning of today’s sharp price increase. Further monitoring is required to fully understand the specific fund flows and their implications.