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Analyst: Wintermute and DWF Labs Play Big Role in CYBER Price Action

The Data Nerd has monitored the price trend of CYBER in the past two weeks, and Wintermute and DWF Labs have played a significant role in it.Overall, Wintermute deposited a total of 518,000 CYBER tokens (4.6% of the initial supply) into CEX.

Meanwhile, on August 22nd, DWF Labs withdrew 170,000 CYBER tokens (approximately $765,000) from Binance at an average price of $4.5. Then, they deposited all the tokens into Bithumb at a price of $8.57, which would have yielded a profit of $691,000 (190%) if sold at that time.

In addition, it was observed that the total transaction volume of the new wallet starting with 0x9b7 was 7.74 million CYBER tokens. Most of the CYBER tokens were received from Upbit and then deposited into Binance.

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