Delysium Co-Founder: Transfers $1.7M RAVE | Flash News Detail | Blockchain.News
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4/15/2026 4:06:00 PM

Delysium Co-Founder: Transfers $1.7M RAVE

Delysium Co-Founder: Transfers $1.7M RAVE

Delysium co-founder Xiankun Wu moves 131,750 RAVE tokens worth $1.7M to Bitget, up from $46K acquisition value two months ago amid bullish RAVE price trends.

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Delysium co-founder Xiankun Wu just transferred 131,750 $RAVE tokens, valued at $1.7 million, into Bitget from his wallet—tokens he scooped up via unlock distribution and airdrop two months back when they were worth a mere $46,000. This move hits as RAVE rides a wave of hype, echoing trends in RaveDAO and broader crypto plays like Bitcoin (BTC), spotlighting potential insider selling pressure in the RAVE token transfer landscape.

Zooming into the 4-hour chart, RAVE holds a bullish structure with price at $12.23 comfortably above the EMA200 at $2.49, signaling strong long-term support, but the MACD death cross at 2.67 flashes bearish momentum that could cap upside. Neutral RSI at 56.89 keeps things in play, yet with price trading inside Bollinger Bands—upper resistance at $19.57 acting as a volatility exhaustion point and lower support at $2.85 providing a safety net—I'm eyeing confluence for a pullback to the EMA50 at $7.02 before any resumption, perfect setup for scalping dips in this RAVE price prediction cycle amid AI industry impact on crypto valuations.


余烬

@EmberCN

Analyst about On-chain Analysis