$BTC
Today $RAVE collapsed in what looks like a coordinated insider dump🚨
Onchain shows extreme concentration, and controlled moves
Timeline of the move:
- Before pump
~30,580,000 RAVE sent to Bitget
Looks like a dump is coming
People open shorts
- During pump
~31,940,000 RAVE removed from exchange
Now there is no supply
Price goes up fast
After peak
- Tokens come back to market
- Selling starts
- Price crashes
Simple:
1. send tokens → scare market
2. people short
3. remove tokens
4. price goes up
5. shorts get liquidated
6. insiders sell
7. price drops
Insider wallets:
0x8a45a58163d6590824ce78c21d266cdb4a38c9c8
~256,340 RAVE (~19.2%)
0x0a1f07993a51cceb4f52ca67765aeceadda790d7
~252,925 RAVE (~19.0%)
0x309643dc26e80d179879a5230449509ac7212439
~228,830 RAVE (~17.2%)
0xe0d4a9d27a83efe32b5b2b617a3bd08465f25e25
~141,538 RAVE (~10.6%)
0xb77c458a44b80195b826b4d725d76ee8c007ed37
~117,026 RAVE (~8.7%)
Top 5 = ~75%+ of supply
Top 10 = ~98%+
Almost everything is controlled
Important:
You don’t see big sells directly from these wallets
That means: selling likely happened on exchanges or through other wallets
This was controlled from start to finish
If you traded this you were trading against insiders
And when they decided to sell
There was nothing holding the price
Stop sending money into these setups
You are the exit liquidity