2 entries tagged “whale”.
RaveDAO's $RAVE token spiked thousands of percent (from ~$0.25 to a peak around $19–28) in under a week in 2026, then collapsed ~98%. On-chain investigators including ZachXBT alleged a coordinated pump-and-dump that lured short sellers with ~$42M of inflows to Bitget before a squeeze and dump; Binance and Bitget said they were investigating market-manipulation claims.
An 'AI' meme coin ($SIREN) whose price was widely flagged as a manipulated pump-and-dump in 2026. After a rally of roughly 6,800% on a still-unreleased product, on-chain analysts found the supply heavily concentrated in a handful of wallets; a single whale then dumped ~670M tokens (~92% of circulating supply) for about $64.8M, crashing the price ~95% in a week.
