Binance Delists RVV Contract, Project Team Transfers 5.354 Billion RVV, Price Plummets 59%

On February 5, Binance announced that it would delist the RVV/USDT perpetual contract today (February 10). In the past 4 days, the @Astra__Nova project team address has transferred 5.354 billion RVV, accounting for 53.54% of the total RVV supply. Since the delisting announcement, RVV has dropped 59% ($0.0027 → $0.0011). ◎ Among them, 354 million RVV ($607,000) has already been sent to exchanges like Bitget, Kucoin, and MEXC. ◎ The remaining 5 billion RVV ($5.97 million) hasn’t been sent to exchanges yet, but the receiving address for these tokens transferred RVV to the aforementioned exchanges yesterday, so it’s possible these tokens might also end up on exchanges soon. RVV transfer address: https://intel.(arkm.com)/explorer/address/0xd3Ca4832452d64dfF8acEf7a2f20亿4922af09dA94 Back in October last year, shortly after RVV launched, it was reported to have been hacked, with 860 million RVV dumped for 10.288 million USDT. Personally, I’m skeptical about the hacking claim. --------------------------------------------------------- ｜Bitget VIP: Lower fees, bigger perks!