Why are the CEOs of Binance and BG launching investigations into RAVE? The reason is simple: the chips are too concentrated. The whales built massive positions at the bottom and made way too much money, taking all the retail investors' money. The vast majority of retail investors are losing, and very few are making money. Retail investors' money has been completely drained by the whales. When the money is in retail investors' hands, it's in the exchange. But when the money is in the whales' hands, they withdraw it and leave, which is essentially draining the liquidity from the exchange. If you withdraw a little, the exchange won't care. But if you withdraw a massive amount—especially in a bear market when liquidity is already scarce—the exchange definitely won't sit idly by! Secondly, the exchange gets jealous and wants to lock down the whales' funds. This way, the whales' money "legally" becomes the exchange's money. Eventually, the whales and the exchange negotiate: split it 50/50, let's talk it out, and divide the profits together! The final result? Retail investors lose everything, while the whales and the exchange split the stolen funds evenly. Everyone's happy... except the retail investors.