Data: Two addresses suspected of maliciously dumping RVV for over $6.18 million
According to ChainCatcher, on-chain analyst @ai_9684xtpa has monitored that the Alpha token RVV experienced an abnormal plunge after its launch. On-chain data shows that related stakeholders are suspected of maliciously dumping tokens through compromised accounts, profiting at least $9.09 million.
The event timeline shows: After RVV was listed on a certain exchange Alpha, the contract was activated; the project's multi-signature address transferred 800 million tokens to 8 multi-signature accounts. These accounts began distributing tokens to dozens of new addresses and gradually selling them off. Among them, addresses 0x9E6...A0b3e and 0x643...8178C cashed out over $6.18 million in total, with the former conducting multiple trades via 1inch and the latter selling through Zerion. The project team has confirmed that a third-party market-making account was compromised and is currently cooperating to track and handle the related losses.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Andrew Kang turns bearish, opens 25x short position with over 10,000 ETH
Current mainstream CEX and DEX funding rates indicate the market remains bearish.

Crypto market sentiment moves out of the "extreme fear" zone, Fear & Greed Index currently at 29
Trending news
MoreCrypto prices
More








