DWF Labs just deposited all 9.2 million IDs ($6.69 million) into OKX at $0.728 again:
transaction: 0x2864ffa01e35d3f1a93c7d6764de799e76938384ca2cee78e38cfddec20dbd27
address: 0x53c902a9ef069f3b85e5e71f918c4d582f3063fa
This address belongs to the entity DWF Labs
Notably, DWF Labs has been extremely active with ID in the past 2 days, including:
withdraw 20 million IDs from 5 exchanges, including Binance, KuCoin, Gate.io, MEXC and Bybit, for an average price of $0.719 (estimated cost: $14.39 million) across 3 withdrawals, each an episode that causes a sudden increase in prices;
Quickly deposit 20 million IDs into OKX at an average price of $0.718 ($14.36 million) across 2 transactions, immediately after withdrawal;
realized a small estimated loss of just $28.5k (-0.2%).
Currently, DWF Labs no longer holds any IDs.
Figure 1. DWF Labs' overall ID transaction history over the past 2 days.
