Sign in

Language
English

Dark mode

Token BLZ

Sep 27, 09:50

SOC logo

SOC Team

DWF Labs deposited the second batch of $BLZ to Binance at loss

Outflow

Related addresses

Total tokens transferred

Token BLZ

10.5M

BLZ

[Updated] DWF Labs deposited 10.5M $BLZ to Binance again at $0.164 ($1.72M) on September 27, 9:46 AM (UTC)

 

Notably, DWF Labs:

  • just re-accumulated $BLZ 19 hours ago, right after the price dropped by more than 10% following the news of their first $BLZ deposit to the CEX broke out
  • deposited all to Binance at $0.163 ($1.72M) just now. Estimated loss from the second cycle: $59K (-3.33%)
  • however, considering both cycles, the market maker still has an estimated profit of $101K from $BLZ (more details in the previous signal below)

 

Fig 1. DWF Labs' overall $BLZ fund movement.

 

[Previous] DWF Labs re-accumulated 10.5M $BLZ from Binance at $0.169 ($1.78M) on September 26 14:58 PM (UTC):

 

Notably, DWF Labs realized an estimated profit of $160K from the first $BLZ trading cycle recently:

  • bought 11.463M $BLZ ($2.18M) with 2M $USDT from Bluzelle Company Wallet 0xe96 via OTC at $0.174
  • then deposited all the newly bought $BLZ to Binance at $0.189 ($2.16M) after the price surged sharply
  • estimated realized profit: $160K (+8%) within an hour
  • check out the previous signal here

 

Fig 2. DWF Labs's overall $BLZ trading history.

#dwf labs
#bluzelle
#blz
#otc
#profit
#market maker