Trader: Investors Should Beware of RVV Project Team’s Suspected Ongoing Sale of Locked Tokens
According to ChainCatcher, trader "Hanbalongwang" posted a reminder that the RVV project team appears to be continuously selling locked tokens. Previously, the top address was a locked multi-signature wallet, but there have now been outgoing transactions.
This KOL stated that although some in the market are still betting that a certain exchange may intervene to handle the incident, on-chain data shows that the project team still controls about 80% of the tokens and continues to transfer them out, posing extremely high risk.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trump ally Brandon Gill increases his bitcoin holdings significantly again
The crypto market has temporarily stabilized after the decline, with some altcoins showing a significant rebound.
SharpLink transferred 5,442 ETH to the Galaxy Digital OTC wallet 4 hours ago
