PANews reported on April 18 that, according to Coinglass data, the total amount of RAVE liquidations across the network in the past 4 hours has reached $11.57 million, including $7.49 million in long positions and $4.08 million in short positions.

ZachXBT, a blockchain detective, previously disclosed that the RAVE token was suspected of being manipulated by insiders. He has now increased the reward for clues to $25,000, encouraging people with information to anonymously submit relevant evidence to expose the specific entities involved in the incident.