News linked to both this project and an event.
According to on-chain analyst Yujin’s monitoring, 8 hours ago, 20 million RAVE tokens (approximately $16.78 million) were withdrawn from Bitget by the RAVE market maker into 8 on-chain wallets.
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.
According to monitoring by crypto analyst Ai Yi @ai_9684xtpa, the price of RAVE has plummeted from a high of $28 to $0.45, with a rebound to $2.68 during the period.A new address withdrew 635,000 RAVE from Gate 4 hours ago, worth approximately $908,000.
According to on-chain analyst Ai Aunt (@ai_9684xtpa), the $RAVE token’s suspected manipulation address (0xe07...B690b) has been continuously transferring large quantities of tokens to Bitget today. Just 10 minutes ago, it deposited another 20 million RAVE tokens (approximately $10.67 million). So far today, a total of 42.996 million RAVE tokens—valued at over $34.97 million—have been transferred to centralized exchanges (CEXs).
According to crypto investigator ZachXBT, three hours ago, the multisig address 0x53d7—previously linked to RAVE’s initial allocation—sent approximately 23 million RAVE tokens (valued at $23 million) to two Bitget deposit addresses. Subsequently, the RAVE price dropped 40% from $1 to $0.60. Earlier, ZachXBT accused the RAVE token of a “pump-and-dump” scheme, suggesting the origin likely involved three centralized exchanges (CEXs), and offered a $25,000 bounty for leads. ZachXBT also listed a set of addresses, claiming these initial-allocation-related addresses control roughly 95% of the total RAVE supply.
Odaily News Trader 0xSun posted stating that news-driven trading remains one of the more cost-effective strategies in the current crypto market, with its core lying in the directionality and volatility brought by events.Reviewing several recent events, including abnormal ETH transactions, Arc fee adjustments, TAO ecosystem changes, RAVE-related investigations, and the KelpDAO security incident, all triggered significant price fluctuations within a short period. He believes that participating in such opportunities relies on either the speed of information acquisition or the ability to judge the impact of events.Furthermore, he indicated that as the recent altcoin market has gradually cooled down, he has resumed the strategy of going long on BTC while hedging by shorting some altcoin assets. He believes that against the backdrop of relatively weak liquidity and the fading of certain narratives, the overall performance of altcoins may face relatively more pressure.
RaveDAO responded to recent market concerns regarding RAVE’s price volatility, denying that the team has participated in or driven the token’s price movements and labeling related rumors as false. The DAO emphasized its ongoing commitment to project development. RaveDAO stated that its current strategy is long-term oriented, with plans to enhance incentive alignment between the team and the community through mechanism design—including exploring token lock-up models triggered by price or performance metrics. The team also disclosed that, per its Token Release Schedule (TRS), it will sell portions of already-unlocked tokens at appropriate times to fund operational expenses, global hiring, marketing initiatives, and strategic acquisitions. This statement implies an expectation of sustained selling pressure. Additionally, RaveDAO confirmed its continued allocation of a portion of revenues to public welfare: it has pledged to donate 20% of event profits and a portion of future operational profits to charitable causes. The project reiterated that its core objective is to build an on-chain entertainment and music ecosystem and drive Web3 user growth—not short-term price performance.
According to on-chain analyst Ai Yi, a collection of addresses suspected to be controlled by a RAVE whale currently holds 750 million tokens, with a total value exceeding $10.3 billion, representing a concentration of 75% of the supply.
Odaily News According to on-chain analyst Yu Jian's monitoring, Delysium co-founder Xiankun Wu's address transferred 131,750 RAVE to Bitget half an hour ago, valued at $1.7 million. He obtained these RAVE tokens through unlock distribution/airdrops two months ago, when they were worth only $46,000.
According to on-chain analyst Ai Aunt (@ai9684xtpa), RAVE ranked #5 on Binance’s 24-hour futures trading volume leaderboard, making it the only altcoin on the list. Its 24-hour trading volume reached $3.14 billion, and its liquidation volume amounted to $29.33 million—both figures ranking just behind BTC and ETH. Additionally, Binance Life and AIRA also appeared on the leaderboard.
According to on-chain analyst Yujin’s monitoring, RAVE’s spot price surged from $0.3 to $6.2 this morning over the past three days—a roughly 20x increase. During this period, the RAVE team first transferred 30.58 million RAVE tokens (valued at approximately $42 million) to Bitget, attracting short-selling capital. Subsequently, within the past two days, they withdrew 31.94 million RAVE tokens from Bitget back onto-chain and sharply pumped RAVE’s spot price across exchanges including Bitget.
At the current price, if this address did not sell upon transferring into Aster, the holding return is approximately 462%, with an unrealized profit of about $86,000.
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.
According to on-chain analyst Ai Aunt (@ai_9684xtpa), the RAVE token surged 232% in price over the past 24 hours. This surge appears linked to two addresses associated with the project team, which deposited 18.58 million RAVE tokens to Bitget near the start of the price rally (approximately 10 hours ago). At that time, the token price stood at just $0.43, making the entry cost roughly $8 million. At the current price of $1.027, those tokens are now valued at approximately $19.08 million.