DWF Labs has caught the attention of the community due to its extensive on-chain activity and notable token transactions involving FRONT and BLZ.
In the wake of recent allegations of market manipulation, DWF Labs has been seen engaging in heavy on-chain activity, depositing and withdrawing millions in different tokens, including FRONT and BLZ.
These transactions have triggered a surge in scrutiny within the crypto community, leading to questions about their magnitude and prompting close monitoring.After denying any form of wrongdoing following Wintermute’s accusations, DWF Labs has been making a series of massive deposits and withdrawals from its wallets. According to Lookonchain analysis, DWF just recently withdrew about 100,787 FRONT from Binance.
This transaction occurred shortly after another one of about 299,092 FRONT from the same platform yesterday. As per the analysis, now the trading giant holds about 799,979 FRONT, which approximates $351K.
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