PANews reported on May 21 that DWF Labs tweeted that they have taken active measures to ease market selling pressure and purchased 25 million GALA tokens on the open market.
According to Spot On Chain, DWF Labs has just received 28.3 million GALA (worth $1.1 million) from Binance. Currently, they hold a total of 88.3 million GALA, making it the fifth largest holding in their portfolio.