[RAVE ANALYSIS CORNER] - PRE-WRITTEN SCENARIO From $0.26 → $28, soaring 10,000%. $4.4 billion was wiped out in the liquidation. Then it dropped back to $1.
Do you feel familiar? This is not the market. This is a scenario.
ZachXBT published on-chain data yesterday: 90% of $RAVE is held in just 3 wallets. Coincidence? Before the pump, these 3 wallets all pushed the token onto the exchange. After trading. After dumping. Run.😬
Binance and Bitget have just now spoken out about an “investigation.” RaveDAO team washes their hands: “Not related to us.” 90% of the tokens are in 3 addresses, and they say it’s not related? You know what to think.
I am not judging the outcome of this case. But there is one thing to remember:
The $4.4 billion liquidation was not caused by retail fomo losses. It was designed for retail to lose.
Next time you see something x10,000% in 7 days, the first thing to do: check wallet distribution. It’s not about pouring cold water. This is the tuition that RAVE just made the whole market pay.
🚨 RAVE dropped more than 96% in just 24 hours, right after Binance and Bitget launched an investigation into allegations of internal price manipulation from RaveDAO
Many of you may have lost sleep over this asset 😌 #rave #dump $RAVE