DWF Labs deposited $5.83M in 2 assets to Binance in the past 7 hours, including:

• 329M JASMY ($4.88M) at $0.01483
• 1M FET ($954K) at $0.954

• address: 0xddacad3b1edee8e2f5b2e84f658202534fcb0374
• This address belongs to the entity DWF Labs

Overall, here is the summary of DWF Labs' PnL of the 2 tokens JASMY and FET:

1. JASMY: gaining an estimated total profit of $6.3M:

• withdrew 700M JASMY from Gate.io at $0.004412 ($3.09M) on June 26, 2023;
• has so far deposited 429M JASMY to Binance at $$0.01221 on average ($5.24M) on September 21, 2023, and February 21, 2024, realizing $3.35M (+177%) in profit;
• now still holds 271M JASMY ($4.32M) with another $2.95M in unrealized profit.
• note that between the significant fund movements above, DWF Labs had also conducted numerous small JASMY withdrawals from CEX and then deposited those tokens back to CEX right afterward.
• Visit DWF Labs' JASMY visualizer here

2. FET: gaining an estimated total profit of $5.22M:

• withdrew 10M FET from Binance at $0.201 ($2.01M) on August 25, 2023;
• has so far deposited 6.95M back to Binance at $0.554 on average ($3.85M) between September 21, 2023, and February 21, 2024, realizing $2.45M (+175%) in profit;
• now still holds 3.05M FET ($3.48M) with another $2.77M in unrealized profit.
• Visit DWF Labs' FET visualizer here

The JASMY price pumped by over 150% in the past 7 days.

Fig 1. DWF Labs' JASMY trading history.

Fig 2. DWF Labs' FET trading history.