According to Odaily Planet Daily, according to the monitoring of crypto analyst Ember @EmberCN, a total of 860 million RVV (about 8.6% of the total) were transferred out of the project's minting contract and sold on the chain, causing the RVV price to fall sharply.

Data shows that the sale of this batch of tokens has exchanged for a total of about 10.288 million USDT, of which 8.226 million have been transferred to Gate and KuCoin, and another 2.041 million remain in address 0x643.

Although the project owner claimed that the incident was caused by a hacker attack, analysis pointed out that the attacker's behavior of exchanging funds for freezeable USDT and transferring them directly to a centralized exchange was abnormal, and the authenticity of the incident still needs further verification.