COINOTAG News reported on December 13, citing LookIntoChain analytics that a whale address beginning with 0x2ee6 deployed 539.6 BNB (about $476,000) eight hours earlier to acquire 1.65 million RAVE tokens.

The position’s value has climbed to about $950,000, delivering an unrealized gain of roughly $474,000 and an ROI near 100%.

This on-chain activity highlights strong demand signals for the RAVE token, as large holders accumulate amid cautious liquidity conditions. Investors should monitor on-chain volume and price action for confirmation of a sustained move.