Orchestrated Pump & Dump via 90%+ Insider Supply Control

Created: April 18, 2026 at 04:10 PMStatus: ACTIVE

Description

I am initiating a slash against RaveDAO (@RaveDAO) and associated wallets/profiles for unethical market manipulation: insiders controlling >90% of $RAVE supply orchestrated an artificial pump to $27 followed by crash, exploiting retail via engineered squeezes and dumps on Binance/Bitget/Gate.

Comments (8)

0xPiracyData

1712

Apr 18, 2026

A 10,000%+ monthly surge from $0.27 (Apr 1) to ATH $27.88 (Apr 18, 2026), followed by a 68% crash to ~$7. ZachXBT documented pump-and-dump on Bitget/Binance/Gate, with $870M volume and pre-pump transfers (18.58M tokens to Bitget). Exchanges (Bitget, Binance at this moment) confirmed investigations. The funniest part is that the RaveDAO team claims "not engaged in, nor responsible for, recent price action", which is 100% lie. Supply Concentration: Top 10 wallets hold 98.16% total supply; 3 Gnosis Safes controlled ~90% circulating (248M/1B total). On-Chain Red Flags: Deployer-linked wallets sent 18.58M RAVE to Bitget (pre-pump, no disclosure); withdrew 29.78M during squeeze. Wash trading, low-liquidity accumulation. Exchange Activity: Pump originated on Bitget/Binance/Gate; $19M liqs (16K traders, mostly shorts). Bitget CEO: "Started investigating $RAVE." Binance: "Looking into it." Gate silent at the moment I initiated this slashing.