DWF Labs, one of the important market makers in the cryptocurrency market and attracting attention with its investments, continues to purchase altcoins.
At this point, Lookonchain announced that DWF Labs has purchased a new altcoin.
He said that DWF Labs recently acquired 1.5 billion AMB tokens worth $18.74 million.
“DWF Labs sent 7.5 million USDT and received 1.5 billion AMB (worth $18.74 million) in the last 1 hour.”
DWF Labs(@DWFLabs) sent 7.5M $USDT and received 1.5B $AMB ($18.74M) in the past 1 hour.https://t.co/BjMXp00M0Zhttps://t.co/6iRoqQ1IDa pic.twitter.com/AgmhmEyAUS
— Lookonchain (@lookonchain) October 3, 2023
With this purchase, the AMB price listed on Binance increased by up to 17%. ECB continues to trade at $0.0138.
DWF Labs had also caused an increase in the prices of the relevant altcoins with its previous purchases.
*This is not investment advice.
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Source: https://en.bitcoinsistemi.com/famous-market-maker-dwf-labs-bought-this-altcoin-the-price-jumped/