DWF Labs previously received 36 billion CAT from the liquidity contract address of CAT and transferred it to multiple CEX for market making.

According to Deep Tide TechFlow news on December 17, monitoring by Ashes revealed that DWF Labs obtained 36 billion CAT tokens from Simon's Cat (CAT) liquidity contract address on August 20, and allocated them to several centralized exchanges such as KuCoin, Gate.io, MEXC, and HTX for market making.

After Binance announced the inclusion of CAT in the HODLer Airdrops program on December 16, the price of CAT immediately surged by 46%. Notably, DWF Labs established a $20 million Meme special fund in November 2024, indicating its strategic expansion in the Meme sector.