RAVE Continues to Surge, Breaking $19 to Hit an All-Time High, Ranks Third in 24-Hour Liquidations on the Network

BlockBeats News, April 15th, according to HTX data, RAVE surged above $19, reaching a high of $19.2, a 24-hour gain of 135.1%, hitting a new all-time high. The total value of RAVE contract liquidations across all chains in 24 hours was $29.16 million, ranking third in the world, only behind Bitcoin and Ethereum. Among them, long positions worth $5.16 million were liquidated, and short positions worth $23.99 million were liquidated.

Prior to this, according to EmberCN monitoring, the RAVE "whale" controlled the spot price to subsequently exploit contracts, and recently used on-chain activities to "confuse" users: over the past 3 days, they first transferred 30.58 million RAVE to Bitget, worth $42 million, to attract short positions. Then, in the last 2 days, they withdrew 31.94 million RAVE from Bitget back to the chain while aggressively boosting the RAVE spot price on platforms like Bitget.