【CryptoWorld】On-chain data monitoring platform detected a key transfer last night to early this morning: a suspected Astra Nova team wallet initiated a $430,000 transfer of RVV tokens between Gate and KuCoin. Interestingly, this type of transfer is not the first — over the past month, this wallet has been continuously depositing liquidity into exchanges in batches. Rough estimates show that a total of $1.5 million worth of RVV has flowed into major platforms during this period. Meanwhile, this wallet still holds approximately $22.8 million worth of RVV positions. What does such a holding size indicate? You can draw your own conclusions.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
16 Likes
Reward
16
10
Repost
Share
Comment
0/400
EntryPositionAnalyst
· 12-20 20:16
This move is pretty aggressive—investing $1.5 million into the exchange in a month, and still holding onto 22.8 million...
View OriginalReply0
degenonymous
· 12-20 04:53
1.5 million sell-off, this pace is a bit aggressive
View OriginalReply0
tokenomics_truther
· 12-20 03:56
They're starting to dump again, talking about ecosystem development. This move involves 1.5 million in a month, and they still hold over 20 million later on. Haha
View OriginalReply0
blocksnark
· 12-18 04:10
1.5 million invested, why does this pace seem a bit rushed?
View OriginalReply0
TokenDustCollector
· 12-18 04:10
Spending 1.5 million per month on the exchange and still holding 22.8 million, is this slowly offloading or what's going on?
View OriginalReply0
GweiWatcher
· 12-18 04:09
Dropping 1.5 million in a month, this move is really testing the market's bottom line.
View OriginalReply0
NullWhisperer
· 12-18 04:06
okay so technically speaking, $1.5M dumped in a month while still sitting on $22.8M is... let's just say the math on this particular distribution strategy needs further review. not exactly the most elegant implementation of team tokenomics, ngl
Reply0
bridge_anxiety
· 12-18 04:02
Here we go again, this rhythm is off.
View OriginalReply0
StablecoinGuardian
· 12-18 04:02
Starting to sell again, this rhythm... I have no confidence, that's why I'm dumping like this
View OriginalReply0
NftBankruptcyClub
· 12-18 03:40
They're dumping again, selling off in batches worth $1.5 million a month. This pace is truly incredible.
Astra Nova team wallet makes a big move again, transferring $1.5 million worth of RVV to the exchange in one month
【CryptoWorld】On-chain data monitoring platform detected a key transfer last night to early this morning: a suspected Astra Nova team wallet initiated a $430,000 transfer of RVV tokens between Gate and KuCoin. Interestingly, this type of transfer is not the first — over the past month, this wallet has been continuously depositing liquidity into exchanges in batches. Rough estimates show that a total of $1.5 million worth of RVV has flowed into major platforms during this period. Meanwhile, this wallet still holds approximately $22.8 million worth of RVV positions. What does such a holding size indicate? You can draw your own conclusions.