🕵️♂️ Fetch.AI again 'unloads' through DWF Labs? An additional 15 million $FET has just been transferred to Binance
Once again, the Fetch.AI team is under suspicion of liquidating FET tokens through #DWF-Labs under the guise of 'liquidity provision partnership'.
Specifically, 7 hours ago, the multisig wallet of #Fetch.ai transferred exactly 15 million FET (equivalent to 6.58 million USD) to the address #Binance Deposit of DWF Labs – a market maker known for 'bottom fishing – price pushing – unloading' deals.
🔥 Notably:
This is the first time this wallet has been active after 5 months of silence, and previous transfers have all occurred at extremely sensitive times (the peak or bottom of FET).
📉 Could this be unloading stock right at the bottom waiting for a pump and then dumping, or preparing... to continue unloading at this price?
FET has currently dropped more than 83% from its peak, leading many to question: Is this an accumulation zone, or just a final 'dump' before disappearing?
Analysts suggest that the 'discount sale to DWF' model has been repeated many times, and this on-chain behavior does not differ much from old scenarios.
