DWF Labs, one of the important market makers in the cryptocurrency market, continues its altcoin transactions.
DWF Labs, which recently purchased 3.3 million SPELLs worth $1.57 million, sent FET and JASMY to Binance today.
At this point, the popular cryptocurrency platform Lookonchain shared that DWF Labs recently deposited 2 million FET (worth $465 thousand) and 100 million JASMY (worth $354 thousand) to Binance.
DWF Labs recently deposited 2 million FETs (valued at $465k) and 100 million JASMYs (valued at $354k) on Binance.
DWF received 10 million FETs (valued at $2.15 million) from Binance on August 25 at a price of $0.22.
And on June 26, he bought 700 million JASMY (worth $3.04 million) from Gateio when the price was $0.0044.”
While it was evaluated that DWF Labs most likely sent FET and JASMY altcoins to Binance for sale, the rise in FET and JASMY in recent hours attracted attention.
Accordingly, while FET experienced an increase of more than 4% in the last two hours, JASMY experienced an increase of up to 8%.
At the time of writing, FET is trading at $0.233, just above DWF Labs' buying price of $0.22, while JASMY is trading at $0.0037, below DWF Labs' buying price of $0.0044.
*This is not investment advice.