A whale address that previously acquired significant amounts of ETH and cbBTC through OTC trades sold 899,999 RAVE tokens at cost three weeks ago, according to Lookonchain. The sale, valued at approximately $229,000, occurred before a 226% surge in RAVE's price. Had the whale held onto the tokens, the unrealized profit would have been around $870,000.
OTC Whale Misses $870,000 Profit as RAVE Price Soars 226%
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
