Altcoin Price Falls With Every Transaction of a Giant Investor

Every time global market maker DWF Labs trades JASMY, the token price begins to drop.

According to Spot On Chain's post, DWF Labs deposited 97 million JASMY into the Binance exchange in the last three days.

At the time of trading, the average value of JASMY was $0.0334. The total value of the tokens is $3.24 million.

According to TradingView data, the JASMY price fell after each trade from DWF Labs. JASMY, which gained more than 30% in value on a weekly basis, lost 5.33% in the last 24 hours.

DWF Labs still has 24 million JASMY in its wallet. The company is estimated to have quadrupled its profits so far, earning $9.49 million.

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