According to an investigation by WazzCrypto, a single large entity appears to have cornered the majority of $RIVER supply.
What happened:
• Over 3M RIVER tokens were withdrawn from bitget
• Average price: ~$4.12
• Total capital deployed: ~$22M
To mask the activity, the entity used an extremely complex structure:
➡️ Funding from OKX
➡️ Distributed via BNB
➡️ Executed through 9-hop transactions
➡️ Spanning 2,418 linked addresses
• $RIVER pumped 15x to ATH
• Supply was effectively cornered
• A massive short squeeze followed
• Hundreds of millions in short liquidations
• Estimated profit: $350M+
This is a textbook example of:
• Supply control
• Liquidity engineering
• Forced volatility via leverage imbalance
Price action alone doesn’t tell the full story. On-chain structure and flow matter far more in low-float environments.
Trade smart. Question every parabolic move. And always manage risk.
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