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L2Beat Calls RAIN ‘Heavily Manipulated’ After $7B TVS Cut

Covered by 2 sources · 2 articles

2 outlets - including Coinedition and Cryptotimes - are covering this story. L2Beat, an analytical research platform, removed about $7 billion in non-circulating RAIN tokens from Arbitrum’s Total Value Secured. The analytics platform said the assets were held in project-controlled multisignature wallets and should n…

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L2Beat Removes $7 Billion in RAIN From Arbitrum TVS
CoinEdition Jul 15, 10:45 UTC

L2Beat Removes $7 Billion in RAIN From Arbitrum TVS

L2Beat, an analytical research platform, removed about $7 billion in non-circulating RAIN tokens from Arbitrum’s Total Value Secured. The analytics platform said the assets were held in project-controlled multisignature wallets and should n…

L2Beat Calls RAIN ‘Heavily Manipulated’ After $7B TVS Cut
The Crypto Times News Jul 13, 18:50 UTC

L2Beat Calls RAIN ‘Heavily Manipulated’ After $7B TVS Cut

L2Beat excluded billions in team-controlled RAIN tokens from Arbitrum's TVS, raising fresh concerns over token concentration and valuation metrics.