RAVE’s sharp rally remained highly volatile, with the token trading at $8.46 after a 201.85% 24-hour gain and posting $45.95 million in 24-hour volume. CoinGlass data showed $38.44 million in liquidations, the highest across the market in the reported period. EmberCN had previously said wallets moved 30.58 million RAVE to Bitget and later withdrew 31.94 million RAVE while spot prices were pushed higher, extending concerns about large exchange-linked token flows during the surge.