DWF transferred 2.5 million AXL to a suspected Axelar team address, equivalent to about 1.11 million US dollars
According to Arkham monitoring, DWF Labs' address transferred 2.5 million AXL, marked as "suspected Axelar Network", to Arkham two days ago, equivalent to about $1.11 million. Based on the transfer records, it is speculated that both parties may have ended their market-making cooperation plan. The actual situation awaits updates from DWF Labs and the Axelar Network team.
According to chain data, DWF Labs received 2.5 million AXL on December 9th, 2023, which was worth $1.93 million at the time. Observational data from March 1st, 2024 shows that DWF Labs owned a total of 5 million AXLs valued at approximately $12 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bertelsmann plans merger of Brazil’s Afya and YDUQS to expand education business
Sivers Semiconductors names Marc Pegulu head of Wireless unit
Swiss Franc strengthens ahead of SNB policy decision
US Treasury sell-off triggers massive waves in global bond markets! Global average yields approach the 4% threshold, Japan's 10-year hits a 30-year high
On Thursday, the global government bond sell-off intensified, pushing the average yield close to 4%, a level not seen since 2007.
Crypto prices
More
