🔍 DWF Labs in the Red: Altcoin Gambles or Strategic Play? 💸📉
According to Odaily, crypto giant DWF Labs just went through a brutal month — and the numbers don’t lie. 😬
After the exposure of its secondary market wallet address, DWF Labs made some aggressive altcoin moves, withdrawing 7 different tokens from centralized exchanges — dropping $6.43 MILLION across the board. 💰
But here’s the kicker…
🔻 6 out of 7 tokens are underwater
📉 Current portfolio loss? $850,000
⚠️ That’s a 13% portfolio dip
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🧾 The Receipts (Straight From the Blockchain):
📉 51.15M JST → $1.89M @ $0.037
💸 5M MANTA → $1.54M @ $0.309
🧬 4.73M YGG → $1.02M @ $0.216
⚙️ 137M IOST → $480K @ $0.0035
🔌 21.28M IOTX → $440K @ $0.021
🌀 3M SIREN → $540K @ $0.18
🛡️ 3.5M PHA → $480K @ $0.139
Only one token is in the green — the rest are dragging the portfolio down.
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📊 So What’s the Play?
Is this a strategic accumulation during weakness…
or just a mismatch between liquidity and market timing?
Either way, it’s a reminder that even big players aren’t immune to volatility.
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