The market is witnessing a massive meltdown in RAVE, with the price collapsing from a high of $28 down to just $8. While many are looking for a "dip," the on-chain data reveals a much more serious story.

​🐋 Massive Supply Concentration

According to analyst #ai_9684xtpa, a single suspected major holder currently possesses 750 million RAVE tokens. ​Value Over $103 Billion.

​Control This account holds 75% of the total supply.

​⚠️ The Danger: When one entity controls 75% of a coin, the market is at the mercy of their movements. A dump of this magnitude dropping from $28 to $8 suggests that large-scale selling or lack of liquidity is hitting hard.