DWF transferred 2.5 million AXL to a suspected Axelar team address, equivalent to about 1.11 million US dollars
According to Arkham monitoring, DWF Labs' address transferred 2.5 million AXL, marked as "suspected Axelar Network", to Arkham two days ago, equivalent to about $1.11 million. Based on the transfer records, it is speculated that both parties may have ended their market-making cooperation plan. The actual situation awaits updates from DWF Labs and the Axelar Network team.
According to chain data, DWF Labs received 2.5 million AXL on December 9th, 2023, which was worth $1.93 million at the time. Observational data from March 1st, 2024 shows that DWF Labs owned a total of 5 million AXLs valued at approximately $12 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Rollins Inc. Stock Slips 6.4%, Underperforms Market
Meta launches AI-powered game development tool, competitor stocks drop in response
At the Connect conference, Meta launched two AI game creation tools, Horizon Create and Horizon Studio, allowing users to generate complete 2D/3D games—including level design and multiplayer features—simply through text descriptions, and directly distribute them to platforms such as Facebook and Instagram. The news led to a 4.5% increase in Meta’s stock price, while gaming stocks Roblox and Unity Software saw declines of up to 4.1% and 6.9%, respectively.
Ibotta appoints Tony Weisman to board of directors
Crypto prices
More
