The story of RAVE is still ongoing, and it's increasingly resembling a "delivery in progress" 📉

On-chain monitoring shows:
👉 One of the suspected manipulation addresses, transferred 20 million RAVE back to the exchange 10 minutes ago (about $10.67 million)
👉 Today, a total of 43M RAVE has been transferred to major exchanges, worth over $34.97 million 💥

💡 This set of data sends a very direct signal:
👉 Transferring to exchanges ≠ necessarily selling
👉 But large-scale transfers = high probability of preparing to sell
Especially under the background of already experiencing a sharp decline, this behavior is more like:
👉 "Exit while liquidity still exists"

📊 From the market structure perspective:
• Chips moving from a few addresses → exchanges
• Pressure shifting from "potential" → "could be released at any time"
• Market shifting from speculation → gradually losing confidence

📈 A few possible "positive interpretations":
• After concentrated selling pressure is released, it may accelerate clearing
• If the market can absorb it, the subsequent structure could become cleaner
• For short-term traders, volatility means opportunity ⚡

⚠️ But a more realistic view is the risk:
• Continuous transfers to exchanges are equivalent to stacking selling pressure
• Market trust has already been damaged, and absorption capacity has significantly decreased
• It’s easy to see a pattern of "bouncing while selling"
• Retail investors are very likely to be secondary caught in the rebound

🧠 My opinion:
Many people are still watching the price for support levels,
But in this situation, what’s more important to watch is 👇
👉 Is the chips still flowing into exchanges?
If the answer is "yes",
Then the market is essentially still in a process:
👉 Transition from control by the manipulators → to the absorbers.

📌 One sentence summary:
When large amounts of chips keep flowing into exchanges, the price is just the result; the real main trend is — who is retreating, who is taking over ⚠️