Data: RAVE initial allocation associated address transfers 23 million RAVE to CEX, worth up to 23 million USD

Apr 20, 2026 08:08:59

According to on-chain detective ZachXBT, the multi-signature address 0x53d7 associated with the initial distribution of RAVE sent approximately 23 million RAVE to two Bitget deposit addresses, worth up to 23 million dollars, after which the price of RAVE dropped 40% from 1 dollar to 0.6 dollars.

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