Search results for RAVE
Crypto
JackXBT raises claim insiders hold 90 percent of supply for Memecore token
On-chain investigator JackXBT publicly questioned Memecore’s M token, calling for Kraken to disclose why it listed the token and what review it conducted. He cited concerns over insider concentration, alleging insiders hold more than 90 percent of supply and that control could be about 99 percent. He also pointed to a mismatch between market value and app trading volume, questioned circulating and unlocked amounts, and described fund flows linked to Kraken addresses.
Crypto
RAVE token slumps 90 percent in a day as exchanges expand probe
RAVE token fell 90 percent in a day as exchanges broadened reviews of its trading activity, jolting the crypto market. Binance and Bitget began checks, drawing attention to possible market manipulation. RAVE DAO denied involvement in recent price moves but did not address specific on-chain suspicions. Focus has turned to token concentration in three multisignature wallets and large transfers to exchanges before the spike, alongside heavy liquidations.
Crypto
Trump remarks, institutional buying fuel $540 million crypto derivatives liquidations
Bitcoin jumped to the $74,000 range, triggering $540 million in liquidations in the crypto derivatives market, with losses concentrated in short positions. CoinGlass data showed 169,525 traders were liquidated, and shorts accounted for $440 million, or 81 percent, of the total. Bitcoin led by token in liquidations. Prices of major cryptocurrencies also rose. The rally was linked to expectations of easing geopolitical tensions and institutional buying, including Strategy’s additional purchases.