DWF Labs deposited 27,000 METIS ($697K) to Gate.io just now:

• transaction 1: 0x83d7873b267589d4e9cb46c5a9da57047a4ee9e027784547ae838937c8324adc
• transaction 2: 0x40e64590dc3adb7240a62c9d53c636e2402d1297488e04dcfca3d85fa726b625
• address: 0xddacad3b1edee8e2f5b2e84f658202534fcb0374
• This address belongs to the entity DWF Labs

In total, DWF Labs deposited 37,001 METIS ($971K) to Gate.io at an average price of $26.2 in the past 2 days. Notably, the market maker accumulated those tokens from Gate.io, Uniswap, and GSR Markets at an average price of $14.5 between January and September 2023. This implies a $433K (+81%) realized profit if truly sold now.

Currently, DWF Labs still holds 14,599 METIS ($376K).

METIS price surged up to 43% in the past 2 days following the establishment of a $118M Metis DAO Ecosystem Development Fund.

Fig 1. DWF Labs deposited 37,001 METIS ($971K) to Gate.io in the past 2 days.

Fig 2. DWF Labs' current METIS holding.

Fig 3. Metis DAO announced a $118M Ecosystem Development Fund.