Binance and Bitget to probe RAVE’s 4,500% token surge as claims of insider-orchestrated rally grow

Binance and Bitget to probe RAVE’s 4,500% token surge as claims of insider-orchestrated rally grow

Search/NewsVideoPricesResearchConsensus 2026Data & IndicesSponsoredSearch/enFinanceShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBinance and Bitget to probe RAVE’s 4,500% token surge as claims of insider-orchestrated rally growNearly 90% of RAVE's supply was concentrated in just three wallets, and millions of tokens were transferred to exchanges before the price surge.By Francisco Rodrigues|Edited by Aoyon AshrafUpdated Apr 18, 2026, 5:54 p.m. Published Apr 18, 2026, 4:46 p.m. Make preferred on What to know: Binance and Bitget are investigating allegations that insiders engineered a rally in RaveDAO's RAVE token, which surged 4,500% in a week, causing $44 million in liquidations.Nearly 90% of RAVE's supply was concentrated in just three wallets, and millions of tokens were transferred to exchanges before the price surge.RaveDAO's team denies involvement in the pri

Source: https://www.coindesk.com/business/2026/04/18/binance-and-biget-to-probe-rave-s-4-500-token-surge-as-claims-of-insider-orchestrated-rally-grow