Wu Blockchain (@WuBlockchain): RaveDAO-linked addresses sell approximately 23 million RAVE triggering a roughly 35 percent short-term price drop

RaveDAO-linked addresses sell approximately 23 million RAVE triggering a roughly 35 percent short-term price drop According to Arkham, a blockchain analytics platform, addresses linked to RaveDAO transferred 10 million RAVE (approximately $10.57 million) and 12.996 million RAVE (approximately $13.74 million) to Bitget around four hours ago, totaling about 22.996 million RAVE (approximately $24.31 million). Following the transfers, RAVE experienced significant selling pressure, with its price dropping sharply and declining by around 35% over the past 24 hours.