DWF Labs, one of the global market makers, sent a large amount of API3 to the Binance exchange.
According to the information shared by the blockchain analysis platform Lookonchain, DWF Labs joined Binance the other day. 500 thousand API3 worth 1.6 million dollars deposited.
API3 produces solutions for blockchain-based applications to access data outside the blockchain.
API3 on 24-hour basis, according to TradingView data down about 7% to $2.98. fell.
DWF Labs launched the project earlier this month to support API3’s ecosystem. liquidity and volume had offered to provide it. In the offer, “DWF Labs used its expertise as a market maker to launch API3’s token. on different central exchanges It aims to increase its liquidity.” It was said.
The article titled Coin Price in Binance Decreased After Depositing Money to the Stock Exchange was prepared by Selim Kuşçu and published on koinbulteni.com.