Deconstructing RAVE Dealer Control Techniques
Author: Psyduck Fomo
Chip Distribution: 6 multi-signature wallets have locked 96% of the coins, with one address holding 77% alone. Retail investors hold less than 0.1% combined. Bitget is the main battlefield for spot trading, with 88% of exchange spot trading occurring on Bitget.
Contract Distribution: The contract open interest has exceeded the total available spot on the exchange, with an OI/spot ratio of 102.9%. Short sellers do not have enough assets to close their positions, creating a classic short squeeze deadlock. OKX accounts for 64.7% of the open interest, making it the largest powder keg. Once OKX faces liquidation, the impact will be greater than all other exchanges combined. The funding rate across the board is negative, and the short squeeze is far from over.
Liquidation Overview: $41.61 million was liquidated in 24 hours, with 73% being short positions. Bybit and Gate.io account for 53% of the liquidations, which are high-leverage disaster zones for retail investors. Gate.io's liquidation/OI ratio is as high as 35.65x
You may also like

The payment moment of AI agents: Who will become the Stripe of the machine economy?

Rented Tracks: What is this wave of stablecoin FX hot money really paying for?

Strategy should have said that selling coins is not ruled out

How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy

Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.

Why is a16z Crypto raising another $2.2 billion to heavily invest in Web3?

Polymarket Underlying Algorithm Explained

What do projects born in the crypto bear market do?

a16z founder's Stanford lecture: Whenever Wall Street and Silicon Valley have different ideas, it's Wall Street that ends up being wrong

Michael Saylor: After three consecutive quarters of losses, Strategy will sell Bitcoin to pay dividends

The toll station at Hormuz and the RMB that cannot be bought

Interview with Coinbase Institutional's Strategic Head: The Institutionalization of Crypto Reaches a Critical Point

Dialogue with Agora CEO Nick: The battle for stablecoin licenses has just begun

Morning Report | a16z Crypto completes $2.2 billion fundraising for its fifth fund; Bullish invests $4.2 billion to acquire share transfer agency Equiniti; PayPal's Q1 performance exceeds expectations

a16z Crypto: What We See Behind the $2.2 Billion New Fund

Web3 is dead, Web2+3 should rise

Stablecoins and Latin American Remittances: The Misunderstood $174 Billion Market

The arrival of the Web 3.0 era: A review of Hong Kong court rulings on digital assets
The payment moment of AI agents: Who will become the Stripe of the machine economy?
Rented Tracks: What is this wave of stablecoin FX hot money really paying for?
Strategy should have said that selling coins is not ruled out
How MegaETH Achieved a TVL of 700m Within a Week of TGE? Analyzing the Packaging Strategy
Futures Trading Hours: Trade Cryptocurrency 24/7 and Earn Back Up to 45% in Trading Fees
Learn futures trading hours and the best time to trade crypto futures. Discover 24/7 market insights, peak trading sessions, and how to earn back up to 45% in fees.

