Crypto Whale Missed RAVE Rally After Selling Position at Cost
According to Lookonchain (blockchain analytics platform), an address that holds large Ethereum and Coinbase Wrapped Bitcoin positions exited 899,999 RAVE before the token surged 226% in a day.
ETH
CBBTC
Summary
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Terms & Concepts
Ethereum whale: A wallet or investor holding a very large amount of ETH, often large enough to attract market attention.
cbBTC: Coinbase Wrapped Bitcoin, a tokenized form of Bitcoin issued by Coinbase for use on blockchain networks.
Token rally: A sharp price increase in a cryptocurrency over a short period, often driven by sudden market demand.