Sooo...what's going on with RVP? It's up almost 80,000% on the hour.
And before you say it's a problem with the price feed, look at one of the most recent DEX trades on Etherscan from a little over an hour ago (which I can't link to)
Someone traded 1,461 ETH (over 2 million USD) for 137,200 RVP ($1,422 USD).
You can see the above transaction on chain.
What's going on here? Is their "cross-chain L1 clearing house" about to be brought online when CCIP is activated later this month? What is this?
Other urls found in this thread:
coingecko.com
twitter.com
Bumping with a screenshot of the DEX trade. Anyone know what this means?
Really? No one's even a little interested in the fact that someone just spent 2 million USD to buy $1500 worth of this coin?
it’s just a glitch, rvp is a worthless shitcoin. nobody would ever buy 137k
it seems like we are going to the moon rvp chads
Bro if it's real, anyone holding this gem is now a multi millionaire if they can trade it out for eth now. Check on coin gecko.
It's not a glitch, look at the Etherscan trans I posted
Already back down to where it was on CMC. Price on Coingecko never rose that much, so I'm assuming it was a pricefeed issue on CMC. Trying to swap out of RVP on uniswap while it was high also gave the normal price.
Two things:
1. The price went up to $9.00 like this exactly 1 week ago almost to the hour.
2. None of this explains the large ETH trans that took place.
Do we think that insiders are buying up positions in RVP? The project had some pretty significant trad-fi figures behind it but its twitter went dark a few months back. The tech that they're promising can only really function if CCIP is operational. Is it possible that OTC buys or something are happening for when this comes online out of the blue next month or whenever CCIP is released? I bet it's not a coincidence...seems too related.
Holding 20k coins... i dont know wtf is going on
God you guys are retarded.
enlighten me
Big money is literally getting in at the low.
OP delete the thread ASAP. the glitch will happen again on Monday near the same time. Cash out then. It won't happen if this news spreads.
godspeed and delete OP
>Trying to swap out of RVP on uniswap while it was high also gave the normal price.
pls confirm this
I can confirm. I immediately went to withdraw part of my stack into ETH or USDC, and the price per RVP was 0.01 in the conversion. No slippage warning or anything, just showed that's the price it was trading at. Stayed that way
How can it be possibru tho?
All the indexes show the price what it was at.
It’s impossibru
Believe me, I tried.
It's $1000, it's not a large transaction even for a dead token like rvp with $5k 24 hr volume. Probably just some random person who got burned in the bull run throwing his money away into an alt he thinks will moon in the next run. RVP was the subject of many MEV attacks as far as i remember so it's probably that, someone getting sniped for all their eth and getting delivered an insignificant amount of RVP.
2 different uniswap pools and a mev bot. go from there
it literally says MEV bot in the etherscan pic you posted. you fucking retard baggie
It's easier to understand if you check a real chart website like Tradingview instead of CuckMarketCap.
The price dropped 98% in a single 1 minute candle and minutes after it went back to normal. Even without checking that information transaction is easy to understand.
The liquidity was pulled from uniswap v2 and then added again on v3. They were smart and did it right before the daily close so CMC and CuckGekko shows insane %gain to make retards FOMO because they know these shit websites can't handle liquidity changes and big movements and it fucks their price feed. The exact same trick was used every single day on a BSC shitcoin named MoonSHOT months ago.