đ„đ„Major Market Maker Can Sell Altcoins on Binance: Watch Out for 2 Million Transactions! đ„đ„
Major cryptocurrency market maker DWF Labs has started to transfer the altcoin it made huge profits to Binance.
According to data from on-chain analysis platform Spot On Chain, DWF Labs transferred 1 million Artificial Superintelligence Alliance (FET) to cryptocurrency exchange Binance on September 26, worth $1.68 million.
DWF Labs had purchased 10 million FET from the Fetch.ai Foundation on September 3, worth $11.8 million at the time. Since then, the FET price has increased by 42%.
After this Binance transfer, the market maker has 9 million FET worth $14.5 million, making it the largest altcoin in their portfolio. Having gained 3% in the last 24 hours, FET is trading at $1.68 at the time of writing.
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