




Aug 30, 2023

SOC Team
DWF Labs has been performing well over the past month
Smart

With the $CYBER price surging by 125% over the past 24 hours, we noticed that there tends to be a dramatic price change in almost all the tokens with which DWF Labs interacts lately:
- check out the DWF Labs Entity here
1. DWF Labs deposited away $YGG and $DODO at highs:
- On August 6: transferred 3.65M $YGG to Binance at $0.597 ($2.18M) when $YGG is up 70% in the past 24 hours and it is a good time for early investors to cash out
- On August 8: deposited 1M $DODO to Binance at $1.7 ($170K) as $DODO surged up to 73% over the past 24 hours
Fig 1. DWF Labs deposited $YGG away at a local high of $0.597 on August 6.
Fig 2. DWF Labs deposited $DODO away at peak on August 8.
2. DWF Labs accumulated $FET and $CYBER before massive pumps:
- On August 22: accumulated 170,000 $CYBER from Binance at $4.5 ($765K). The price of $CYBER has skyrocketed by nearly 90% over the past week.
- On August 25: accumulated 10M $FET from $Binance at $0.202 ($2.016M). The price of $FET has surged by nearly 10% since the market maker's accumulation.
Fig 3. DWF Labs accumulated 170K $CYBER at $4.5 on August 22.
Fig 4. DWF Labs accumulated 10M $FET at $0.202 on August 25.
3. DWF Labs deposited and re-accumulated $CRV as announced and seems to not impact the price:
- On August 19: deposited 2M $CRV at an average price of $0.5 (~$1M) to Binance
- On August 29 (9 days later): re-accumulated 2M $CRV from Binance at $0.48 ($966K)
Fig 5. DWF Labs sold $CRV and quickly bought back over the past 10 days.