Giant market maker DWFLabs invested hundreds of thousands of dollars in an altcoin, causing significant price movements.
Frequently coming to the fore with its investments in the cryptocurrency sector DWFLabsthis time too Connect (KCT) stood out with its acquisition.
According to the data provided by the on-chain analysis platform Lookonchain, the market maker took action on December 8. Bought 6 million KCT worth 225 thousand dollars.
KCT, which is listed only on HTX as a central exchange, experienced a serious pump-dump due to the impact of the news flow. price before 48% rising 0.031 dollar from level to $0.045 reached. Then soon %27 down to $0.033 declined. KCT at the time of writing from $0.035 is being traded.
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