according to on-chain analyst Ai Yi (@ai_9684xtpa), Alpha token RVV plummeted, with the project side stating that a third-party management account was stolen. On-chain data shows that related stakeholders maliciously sold at least $9.09 million, with the following timeline:
Binance Alpha went online with RVV at 9:00 PM last night and with contracts at 9:30 PM;
22 hours ago, the project side transferred 800 million tokens to 8 multi-signature addresses;
12 hours ago, the multi-signature address that received the tokens started abnormally distributing tokens to dozens of new addresses, and then began selling in batches and maliciously smashing the market;
Two main manipulation addresses made profits exceeding $6.18 million.