On-chain data analytics provider Lookonchain analyzed that "DWF Labs received 1.25 million ZEREBRO (805,000 USD) from an unknown address 22 days ago" through X. It is estimated that DWF Labs has taken on the role of Zerebro market maker. In this regard, Ember CN added, "DWF Labs transferred 700,000 ZEREBRO to Bybit and HTX and currently holds 550,000 ZEREBRO."