📅$RAVE | BigPlayer Accumulated 197% Supply On Exchange
📊$RAVE Supply Breakdown
- Circulating Supply: 1B - 905M (Token locked in SmartContract) = 95M
- Supply on Exchange: 10.7M
⇒ Net Circulating Supply (excluding exchanges): 84.3M
ETH Chain:
1/ Since Feb 22, Net Exchange Outflow = 21.08M $RAVE. Exchange Balance drop from 31.4M -> 10.32M $RAVE
2/ Top 1&2 EOA withdrew 21.08M RAVE from Bidget around $0.65 (~197% Supply On Exchange and ~25% Net Circulating Supply)
🔎Wallet Address
0xff6a7a6d89d49bc41e4a90eed1cae358ce94f5ef
0xa8fad5f17181b8cf66dfcdb607974b420573641b
🤔Insight
1/ Supply is tightening as continued net outflows from exchanges reduce liquid supply.
2/ BigPlayer hold 21.08M RAVE (~197% Supply On Exchange and ~25% Net Circulating Supply), indicating a high level of supply concentration outside exchanges.
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