Deep Tide TechFlow News, on December 17, according to on-chain analyst Ai Yi's monitoring, DWF Labs former co-founder Eugene Ng's associated address deposited 12.9 billion CAT (830,000 USD) to Binance three hours before the market opened, suspected to be a sell-off.

In August 2024, this address received 9 billion CAT from the Disperse contract, at that time the coin price was only $0.00001547, currently profiting more than four times.

Ai Yi added that both DWF and Wintermute are market makers for CAT, and the DWF market making address received 360 billion tokens on August 20 for market making.