Analysis: RVV stakeholders maliciously sold at least $9.09 million, and the project's multi-sig has transferred 800 million tokens
according to on-chain analyst Ai Yi (@ai_9684xtpa), Alpha token RVV plummeted, with the project side stating that a third-party management account was stolen. On-chain data shows that related stakeholders maliciously sold at least $9.09 million, with the following timeline:
Binance Alpha went online with RVV at 9:00 PM last night and with contracts at 9:30 PM;
22 hours ago, the project side transferred 800 million tokens to 8 multi-signature addresses;
12 hours ago, the multi-signature address that received the tokens started abnormally distributing tokens to dozens of new addresses, and then began selling in batches and maliciously smashing the market;
Two main manipulation addresses made profits exceeding $6.18 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CEX net inflow of 1,966.96 BTC in the past 24 hours
Crypto Bull Market Persists: Experts Predict Altcoin Surge
In Brief Institutional investors continue to invest in cryptocurrencies, despite inherent risks. Growth is expected in AI, stablecoins, and tokenization sectors, linked to crypto. Ethereum and Solana emerge as prominent networks in the evolving digital landscape.

Bitcoin Today: Volatility Keeps BTC Around $108
Shiba Inu: Shytoshi Kusama's Cryptic Location Sparks Curiosity Amid Silence on X - U.Today
Trending news
MoreCrypto prices
More








