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Interesting Withdrawal of 20.1M RAVE from Major CEX, Representing 8.1% of Circulating Supply
Send Message to Gate News, April 26 — According to on-chain data, the hot wallet of a major CEX withdrew approximately 20.1 million RAVE tokens, worth around $18.46 million, over the past 8 hours.
The 20.1 million RAVE tokens were distributed to 8 independent addresses, with each withdrawal ranging from 1.45 million to 3.51 million tokens.
This withdrawal accounts for about 8.1% of the circulating supply of RAVE, which is 248.04 million tokens.
RAVE is currently trading at $0.9203, up 3.14% in the last 24 hours, with a circulating market capitalization of $228 million.