DWF Labs, one of the most prominent market makers in the cryptocurrency market, deposited a significant sum of JASMY 100 million (equivalent to $2.44 million) on Binance at an average price of $0.0244 per token.
DWF Labs has made $8.36 million in profit from JASMY sales so far.
The company first withdrew 700 million JASMY from Gate.io on June 26, 2023, at an average price of $0.004412 ($3.09 million total). Since then, 579 million JASMYs have deposited 579 million JASMYs on Binance at an average of $0.01465 and withdrawn a total of $8.48 million. These transactions took place on September 21, 2023, February 21, 22 and April 12, 2024, resulting in a profit of $ 5.93 million, a massive increase of 232%.
DWF Labs currently holds 121 million JASMY ($2.96 million) and has made another $2.43 million in unrealized profits.
In another development, a Bitcoin whale known as bc1qa withdrew another 110 BTC ($7.8 million) from Binance at a price of $70,784 per BTC. Whale has accumulated a total of 2,813 BTC since March 6, 2024, primarily from Coinbase and Binance, at an average cost of $69,804 (estimated total cost: $196.4 million).
*This is not investment advice.