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Data: A certain off-exchange whale missed out on approximately $870,000 in profits due to premature selling of RAVE
According to Lookonchain, a whale who previously bought 163,405 ETH (approximately $440 million) and 4,000 cbBTC (approximately $296 million) in the over-the-counter market sold 899,999 RAVE three weeks ago at nearly break-even prices, cashing out about $229,000.
The latest data shows that the price of RAVE has since increased by approximately 226%. If they still held that amount of RAVE, the current paper profit would be about $870,000.
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