ZachXBT Warns of Potential Insider Manipulation in $RAVE

Onchain investigator @zachxbt says he has identified signs of possible insider manipulation involving the @RaveDAO token, claiming insiders may control more than 90% of $RAVE's total supply. ZachXBT alleged the activity resembles a pump-and-dump tied to flows originating from @binance, @bitgetglobal and @gate_io. He urged Binance's He Yi and Bitget CEO @GracyBitget to investigate and remove any implicated parties. He also offered a $10,000 bounty for whistleblowers who provide evidence related to the alleged scheme. Bitget CEO Gracy Chen responded publicly shortly after, saying the exchange has opened an investigation into $RAVE. $RAVE has surged more than 10,000% over the past 30 days, adding another 44% on Saturday.