Suspected RAVE Market Maker Cluster Holds 750 Million Tokens, Odaily Reports

According to Odaily, citing on-chain analyst Ai Yi, the cluster controls tokens valued at more than $10.3 billion, with concentration reaching 75%.

Summary

No Summary provided as the original text is short

Terms & Concepts
  • Market maker: A trading entity that provides buy and sell liquidity, helping a token trade more smoothly across markets.
  • On-chain analyst: A researcher who examines public blockchain data, such as wallet holdings and transfers, to identify market patterns.
  • Token concentration: The share of a token’s supply held by a limited number of wallets or entities, often used to assess ownership risk.