Giant cryptocurrency market maker DWF Labs moved a large amount of altcoins to the stock market.
Taking advantage of the rises in the cryptocurrency market, the giant market maker recently rolled up its sleeves for profit sales. Reported by on-chain analysis platform Lookonchain to data according to February 15 Taking action on the day, DWFLabs joined the cryptocurrency exchange Binance. 953 thousand dollars worth 200 thousand API3 (API3) ttransferred.
After the transfer process, it is in the hands of the market maker. $1.41 million worth 300 thousand API3 remained. DWF Labs on January 15, $1.68 with average 1 million API3 had bought it. API3 price since the purchase in question 180% increased. Thanks to this investment, the company made a profit of around 3 million dollars.
According to CoinGecko data, the API3 price was not affected by the market maker’s sales. In the last 24 hours 30% up API3 exhibits at the time of writing from $4.65 is being traded.