Maker

2024

JasmyCoin

Spot

Artificial Superintelligence Alliance

DWF Labs, one of the important market makers in the cryptocurrency market and attracting attention with its investments, continues to sell altcoins as well as purchases and investments.
At this point, popular market maker DWF Labs transferred 2 different altcoins to the leading cryptocurrency exchange Binance.
According to Spot on Chain's post, DWF Labs sent 329 million JasmyCoin (JASMY) worth $4.88 million at a price of $0.01483 to Binance and 1 million Fetch.ai (FET) worth $954 thousand at a price of $0.954.
It was stated that after the transfers, DWF Labs was left with 271 million JASMY worth 4.3 million dollars and 3.05 million FET worth 3.27 million dollars.
DWF Labs' total profit on JASMY was $6.44 million, while FET profit was $4.55 million.
<blockquote>
 “DWF Labs deposited $5.83 million from 2 altcoins to Binance in the last 15 hours.
 He first deposited 329 million JASMY ($4.88 million) at $0.01483. After this transfer, the company remained with 271 million JASMY ($4.31 million) and its total JASMY profit was 6.44 million dollars.
 Second at $0.954. He deposited 1 million FET (954 thousand dollars). After this transfer, the company remained with 3.05 million FET ($3.27 million) and the total FET profit was 4.55 million dollars. “
</blockquote>
After these transfers, JASMY and FET decreased by around 10%.
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 DWF Labs (<a href="https://twitter.com/DWFLabs?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">@DWFLabs</a>) deposited $5.83M in 2 assets to <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Binance</a> in the past 15 hours, including:
 • 329M <a href="https://twitter.com/search?q=%24JASMY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JASMY</a> ($4.88M) at $0.01483. Current holding: 271M <a href="https://twitter.com/search?q=%24JASMY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$JASMY</a> ($4.31M) with $6.44M in total profit.
 • 1M <a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FET</a> ($954K) at $0.954. Current holding: 3.05M <a href="https://twitter.com/search?q=%24FET&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$FET</a> ($3.27M) with $4.55M… <a href="https://t.co/OT2QBMxlPi" rel="noopener noreferrer nofollow">pic.twitter.com/OT2QBMxlPi</a>
 — Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1760530966664368387?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">February 22, 2024</a>
</blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/famous-market-maker-dwf-labs-made-a-large-transfer-of-two-altcoins-to-binance-and-dumped-their-prices/" rel="noopener noreferrer nofollow">Famous Market Maker DWF Labs Made a Large Transfer of Two Altcoins to Binance and Dumped Their Prices!</a>

Famous Market Maker DWF Labs Made a Large Transfer of Two Altcoins to Binance and Dumped Their Prices!

Bitcoin Sistemi EN

Other articles published on Feb 22, 2024

Bitcoin Analysis: Whales’ Accumulation Signals Positive Outlook

Starknet Airdrop Mania Sparks Trading Frenzy and Highlights Exploits

Blockchain Festival and Traders Fair 2024: Shaping the Future of Finance and Blockchain in Singapore

Exploring the Integration of Cryptocurrency and E-Commerce with StormX Coin

Sponge Staking And Bridging Blasts Past $10m, Ethereum And Polygon SPONGE V2 Yields At 190% And 968%

A Leading DeFi Bull Indicator? MetaMask Registers Over 30 Million In 5 Months

Join our free newsletter for daily crypto updates!