Gate News message, April 13, on-chain analyst Yu Jin monitoring shows that RAVE’s spot price has surged from $0.3 to $6.2 this morning over the past three days, representing an increase of about 20x. During this period, the RAVE team first transferred 30.58 million RAVE (worth about 19283746565.75T) to a certain CEX to attract funds to short. Then, within nearly two days, it also withdrew 31.94 million RAVE from that exchange back onto the chain, and sharply pushed up RAVE spot prices on a certain CEX and other trading platforms.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitcoin Breaks $78,000 but Falls 0.47% Intraday
Gate News message, April 24 — Bitcoin broke through $78,000 today, though it recorded a 0.47% decline over the intraday period.
GateNews42m ago
TradFi Rise Alert: XPDUSD (Palladium - Cash) Rises Over 2%
Gate News: According to the latest Gate TradFi data, XPDUSD (Palladium - Cash) has surged by 2% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews2h ago
TradFi Fall Alert: OJUICE (Orange Juice) Falls Over 4%
Gate News: According to the latest Gate TradFi data, OJUICE (Orange Juice) has dropped by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market
GateNews3h ago
KAT Surges Over 70% in 24 Hours, Briefly Breaks $0.019
Gate News message, April 24 — KAT (Katana), the native token of a DeFi-focused Ethereum Layer 2 blockchain, briefly surged above $0.019 on April 24, with its 24-hour gain expanding to over 70%. The token was trading at $0.01845, with a market capitalization of $47 million.
Katana is designed as a s
GateNews7h ago
TradFi Rise Alert: TW88 (MSCI Taiwan) Rises Over 3%
Gate News: According to the latest Gate TradFi data, TW88 (MSCI Taiwan) has surged by 3% in a short period. Current volatility is significantly higher than recent averages, indicating increased market activity.
GateNews8h ago
