An address associated with the initial allocation of RAVE transferred 23 million RAVE to CEX, valued at up to $23 million.
According to BlockBeats, on April 20, on-chain investigator ZachXBT revealed that three hours ago, the multi-signature address 0x53d7 associated with the initial distribution of RAVE sent approximately 23 million RAVE tokens, worth as much as 23 million US dollars, to two Bitget deposit addresses. Subsequently, the price of RAVE dropped 40% from 1 US dollar to 0.6 US dollars.
Deposit addresses
0x26aC542f5a04D574580881723224DAcD1EDB9B45
0x64D6E91D0bd9cB7be44E1e627264539493f73c2b
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