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RAVE Token Surges 84% Amid Whale Withdrawal

Guavy AI Editorial Team
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DAO
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RaveDAO's native token RAVE surged over 84% in the past week, rebounding from its all-time high of $0.7677 reached two months ago.

A large investor, identified as wallet 0xff6a, withdrew 10 million RAVE tokens valued at approximately $6.56 million from Bitget on Saturday, according to on-chain data reported by Lookonchain.

This whale withdrawal occurred while RAVE traded sharply higher this week, with a current price of $0.65 and an increase of 21.4% over the past 24 hours.

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