DWF Labs currently holds 1.32 billion SPELLs, with a floating profit of US$770,000.
According to on-chain analyst @ai_9684xtpa, on September 14, 2023, DWF Labs announced that it became a market maker for SPELL and applied for a token loan of 4.62 billion SPELL and purchased $1 million worth of SPELL at a 15% discount (locked for 24 months). Over the past five months, DWF Labs has received 4.62 billion tokens transferred from Abracadabra.Money in batches, with a cost of only $0.0003797 per token at the discounted price. The address currently holds 1.32 billion SPELL (worth $1.21 million) with a floating profit of $770,000.
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.
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