🐋 WHALE WATCH: $RAVE is not a dump its a scammed


=> Looking at the $RAVE chart the vertical move was built on pure leverage.
Futures volume was nearly 30 times higher than actual spot buying.
This created a massive bubble where the price only moved up due to short squeezes.
The funding rates were so high that long positions were paying a fortune to stay open.
=> When the price hit $28 the leverage hit a ceiling and the long squeeze began.
Over $44 million in positions were liquidated in just 24 hours.
Since the price rose so fast there were no support zones or buy walls below.
It fell like a stone because there was zero liquidity to catch the drop.
=> The $RAVE market cap went from $6 billion to under $400 million in one day.
Most pump and dump structures like this never recover their old highs.
The narrative has shifted from the next big thing to a cautionary tale.
Always watch the volume to market cap ratio for red flags.
RAVE-45.29%
PUMP-4.37%
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