Whale Withdraws 20.1M RAVE from Major CEX, Accounting for 8.1% of Circulating Supply

RAVE8,34%

Gate News message, April 26 — According to on-chain data, a major CEX’s hot wallet withdrew approximately 20.1 million RAVE tokens, valued at around $18.46 million, over the past 8 hours.

The 20.1 million RAVE tokens were distributed across 8 independent addresses, with individual withdrawal amounts ranging from 1.45 million to 3.51 million tokens. This withdrawal represents approximately 8.1% of RAVE’s circulating supply of 248.04 million tokens.

RAVE is currently trading at $0.9203, up 3.14% over the past 24 hours, with a circulating market cap of $228 million.

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