Whales accumulate 20.1M RAVE via Bitget, accounting for approximately 8.1% of its circulating supply

According to Arkham data, the Bitget exchange hot wallet address (0x1AB) has made a large withdrawal of approximately 20.1M RAVE tokens over the past 8 hours, valued at around $18.458 million.

The 20.1M RAVE tokens were distributed to 8 independent addresses, with individual withdrawal amounts ranging from 1.45M to 3.511M tokens.

Currently, the circulating supply of RAVE is 248.04M, and this withdrawal accounts for approximately 8.1% of its total circulating supply. RAVE is currently trading at $0.9203, up 3.14% in the past 24 hours, with a circulating market capitalization of $228 million.