DWF Labs deposited 2 million FET with Binance, equivalent to $2.68 million

According to on-chain analyst ai_9684xtpa, DWF Labs has once again deposited 2 million FET (worth approximately 2.68 million USD) into Binance just five minutes ago. As a market maker for FET, DWF has transferred a total of 4 million FET (valued at 5.56 million USD) to CEX in the past week since receiving 6 million tokens from the project team on October 16th, resulting in a 3.32% drop in the token price.

Comments

All Comments

Recommended for you

Cointime精选 ·

Safe{Wallet} Goes Multichain: Gasless Deployment with the Same Address Across Multiple Chains

Safe{Wallet} now lets you deploy Safes with the same address across multiple blockchains (gasless on major L2s) — a long-awaited feature that drastically improves how you can manage your assets on different networks.
Cointime精选 ·

Sahara AI

Sahara AI’s mission is to create a more open, equitable, and collaborative AI economy that is as easy as possible to participate in. By leveraging blockchain, Sahara ensures that all contributors (data contributors, labelers, model developers, etc) are fairly compensated, data and models maintain sovereignty, and AI assets can securely and permissions be created, shared, and traded.
Cointime精选 ·

Infiltrating Cosmos

In crypto, your private keys might be safe, but what about the hands that built your digital vault? Welcome to the Cosmos Hub, where alleged North Korean agents didn't need to hack the system - they may have helped build it.
Cointime精选 ·

Cross border payments: Citi spotlights DLT. FSB reports on G20 progress

During the past week Citi and the Financial Stability Board (FSB) have published separate reports on cross border payments. Both papers explore G20 targets for improving cross border payments. Unfortunately, 2024 speed figures were worse than 2023 for wholesale, retail and remittance payments, largely reflecting more accurate data. Citi’s report highlights that fintechs expect to gain 10% in market share from banks in the next two to five years. Its survey shows that DLT is one tool to address the pain points, but more in the medium term.
Cointime精选 ·

Chainlink Expands to Bitcoin as Botanix Labs Joins Chainlink Scale and Is Integrating CCIP

Chainlink CCIP will be integrated into the Spiderchain as its canonical cross-chain infrastructure.
Cointime精选 ·

Stablecoin agents will onboard billions of Africans to the global economy

Think back to your first time using crypto. How would you review your experience? If you were an early adopter, maybe you found the experience confusing and jargon-heavy, the irreversible nature of transactions deathly terrifying, or even all of the above. With that thought in mind, would it surprise you to learn that the reviews above are from everyday Africans using crypto?
Cointime精选 ·

Permissionless bridging is now live

Uniswap users can now bridge across nine networks directly from the Uniswap Interface and Uniswap Wallet. In-app bridging is one of our most requested features, and we’re excited to roll it out as a step toward our long-term vision of cross-chain swaps.
Cointime精选 ·

Into the Nouniverse: Rise of Web3's Dark Knight

Nouns DAO. First presented as an “on-chain avatar community.” Now labeled the “experiment for rich crypto dudes.”
SUI breaks above $2

market shows SUI breaking through $2 and currently trading at $2.01, with a 24-hour increase of 7.49%. The market is volatile, so please manage your risks.
depininstitute ·

Weekly DePIN Update: IoTeX Ecosystem Expansion and Aleph Leading the Token Market

Weekly DePIN Update: IoTeX Ecosystem Expansion and Aleph Leading the Token Market