#RAVE闪崩超90% Ten Years of Holding the Wallet, Day 48 Check-in Day 48

The RAVE incident has finally reached its final chapter: not that the price goes to zero, but that the case ends up in criminal custody. The main offenders led by Ye, Wang, and Rong have been controlled by the police at a KTV, while the key person in charge, Xu, is still at large but has already been fully identified. The market value involved has evaporated by $6.3 billion—behind it is a meticulously planned scheme, and what awaits them is severe legal punishment.

RAVE has no future, and it is impossible for it to return to high levels: the team is caught and the project is shut down; the three major exchanges are carrying out investigations, and trust has completely collapsed; 95% of the chips are highly concentrated, and the market maker has already finished selling. What people call a “rebound” is only a fantasy.

From the very beginning, it was never a project—it was a harvest: packaging personas, manufacturing fake liquidity, rallying the price to attract attention, precisely dumping at the top, and collecting payment from every retail investor who chased higher. ZachXBT’s data is spot-on: $6.3 billion evaporated corresponds to only $52 million in liquidation; a 120-fold gap is the naked trace of manipulation.

The market always repeats itself, and human nature has never changed. High-control market making + extreme FOMO + bottomless harvesting is the most common outcome for small coins. Keep hold of the system, stay away from pump-and-dump schemes, and don’t earn money beyond your own understanding—only then can you live longer and move steadily in this market.

All sharing does not constitute investment advice. The cryptocurrency market is volatile and unpredictable; invest with caution.

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