The post RVV token steady as on-chain data disputes 5.354B claim appeared on BitcoinEthereumNews.com. Did 53.54% of RVV move? Verified data says no A viral claimThe post RVV token steady as on-chain data disputes 5.354B claim appeared on BitcoinEthereumNews.com. Did 53.54% of RVV move? Verified data says no A viral claim

RVV token steady as on-chain data disputes 5.354B claim

Did 53.54% of RVV move? Verified data says no

A viral claim states the Astra project address moved 5.354 billion RVV in four days, equal to 53.54% of supply. Verifiable on-chain evidence does not support that figure.

According to EmberCN, about 860 million RVV (≈8.6% of supply) exited the minting contract and were sold for roughly 10.288 million USDT, with 8.226 million sent to exchanges and 2.041 million retained on-chain.

Based on data from Followin.io, a multi-signature wallet moved 800 million RVV into eight multi-sig wallets pre-listing. Those wallets distributed to new addresses that sold in batches, raising about $9.09 million, with at least $6.18 million consolidated by two addresses.

Why this claim matters for Astra Nova and holders

Inflated figures can misstate treasury exposure, unlock dynamics, and market integrity, creating unnecessary panic. Accurate measurements anchor risk assessments and align with compliance-focused, evidence-led reporting.

As reported by The Block, astra nova attributed the sales to a compromised third-party market maker account and pledged to buy back the affected tokens while offering a 10% bounty contingent on full return.

Astra Nova said, “a third-party market maker account was compromised.”

According to Blockchain.news, sellers converted RVV to USDT and routed sizable portions to centralized exchanges, including Gate and KuCoin, while leaving residual balances in a monitored wallet.

Price action reflected stress. As reported by the same outlet, RVV experienced a sharp decline following the concentrated on-chain sales and exchange deposits.

Concentration of sell pressure from newly funded addresses and rapid routing to exchanges are consistent with short-term liquidity shocks. These signals typically precede increased volatility and wider bid-ask spreads.

How to verify RVV transfers and flows yourself

Analyst-cited wallets, contracts, and transfer paths

Start at the RVV token’s minting contract and recent transfers. Map movements from multi-signature senders to newly created wallets, then trace batch sales and stablecoin conversions over the same time window.

Check for clustering patterns across recipient wallets and time-bound bursts. Cross-reference the amounts and paths summarized above to reconcile totals near the 800–860 million RVV range.

CEX routing noted: Gate and KuCoin deposits

Follow the USDT legs after swap events and identify exchange deposit tags. Verification should focus on routes to Gate and KuCoin that appear in the transaction paths described earlier.

FAQ about RVV token

How much RVV was actually transferred and from which wallets or contracts?

Approximately 800–860 million RVV, from a minting contract outflow and a multi-signature cluster, not 5.354 billion.

What evidence supports the claim that a market maker account was compromised?

Astra Nova’s public statement and a buyback plus 10% bounty offer, contingent on full return, were reported by a major industry publication.

Source: https://coincu.com/news/rvv-token-steady-as-on-chain-data-disputes-5-354b-claim/

Market Opportunity
Astra Nova Logo
Astra Nova Price(RVV)
$0.0002683
$0.0002683$0.0002683
-0.22%
USD
Astra Nova (RVV) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact [email protected] for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Your 24/7 Market Watchdog: Sleep Soundly While Technology Tracks the Charts

Your 24/7 Market Watchdog: Sleep Soundly While Technology Tracks the Charts

Check out the new info box on coin chart pages! Now you can get a feel for the market in a single glance. Continue Reading:Your 24/7 Market Watchdog: Sleep Soundly
Share
Coinstats2026/02/18 04:27
This U.S. politician’s suspicious stock trade just returned over 200% in weeks

This U.S. politician’s suspicious stock trade just returned over 200% in weeks

The post This U.S. politician’s suspicious stock trade just returned over 200% in weeks appeared on BitcoinEthereumNews.com. United States Representative Cloe Fields has seen his stake in Opendoor Technologies (NASDAQ: OPEN) stock return over 200% in just a matter of weeks. According to congressional trade filings, the lawmaker purchased a stake in the online real estate company on July 21, 2025, investing between $1,001 and $15,000. At the time, the stock was trading around $2 and had been largely stagnant for months. Receive Signals on US Congress Members’ Stock Trades Stocks Stay up-to-date on the trading activity of US Congress members. The signal triggers based on updates from the House disclosure reports, notifying you of their latest stock transactions. Enable signal The trade has since paid off, with Opendoor surging to $10, a gain of nearly 220% in under two months. By comparison, the broader S&P 500 index rose less than 5% during the same period. OPEN one-week stock price chart. Source: Finbold Assuming he invested a minimum of $1,001, the purchase would now be worth about $3,200, while a $15,000 stake would have grown to nearly $48,000, generating profits of roughly $2,200 and $33,000, respectively. OPEN’s stock rally Notably, Opendoor’s rally has been fueled by major corporate shifts and market speculation. For instance, in August, the company named former Shopify COO Kaz Nejatian as CEO, while co-founders Keith Rabois and Eric Wu rejoined the board, moves seen as a return to the company’s early innovative spirit.  Outgoing CEO Carrie Wheeler’s resignation and sale of millions in stock reinforced the sense of a new chapter. Beyond leadership changes, Opendoor’s surge has taken on meme-stock characteristics. In this case, retail investors piled in as shares climbed, while short sellers scrambled to cover, pushing prices higher.  However, the stock is still not without challenges, where its iBuying model is untested at scale, margins are thin, and debt tied to…
Share
BitcoinEthereumNews2025/09/18 04:02
Bank of Canada cuts rate to 2.5% as tariffs and weak hiring hit economy

Bank of Canada cuts rate to 2.5% as tariffs and weak hiring hit economy

The Bank of Canada lowered its overnight rate to 2.5% on Wednesday, responding to mounting economic damage from US tariffs and a slowdown in hiring. The quarter-point cut was the first since March and met predictions from markets and economists. Governor Tiff Macklem, speaking in Ottawa, said the decision was unanimous. “With a weaker economy […]
Share
Cryptopolitan2025/09/17 23:09