The huge collapse in the altcoins that the giant market maker DWF Labs has recently invested in attracted attention.
DWF Labs has recently been on the agenda by investing in many altcoin projects. market maker purchases made either It was aimed at cryptocurrencies on the rise or rise after receiving triggered
But most DWF Labs invests in most altcoinhappened for a few days in sharp declines It gave rise to many speculations.
DWF Labs within 1 month Frontier (FRONT), LeverFi (LEVER), AirDAO (AMB), Bluzelle (BLZ), Space ID (ID) and popular meme coin FLOKI (FLOKI) made investments and purchases.
FRONT, in 3 days 60%, LEVER 55%, ECB 35%, BLZ 20%, FLOKI 17%, If ID 15%There was a decrease of .
Although there is a decline in the overall cryptocurrency market, the altcoins in question deeper withdrawal It brought to mind allegations of manipulation.
Wintermute co-founder Yoann Turpin previously said in a statement that did not explicitly name DWF Labs but implied that such actors would rather add liquidity to the market by targeting the maker. blatantly manipulate the market He stated that he did.
DWF Labs did not delay in responding to these allegations and made changes in people’s decisions. independent He stated that it was. It is thought that these recent declines support Turpin’s thoughts.
On the other hand, DWF Labs also acts as a market maker for altcoins. provides control And adding liquidity It is stated that the system may also be working to progress more accurately.