TechFlow reports, according to on-chain analyst烬 (Yujin), DWF Labs' Binance deposit address received 3.9 million BEL (worth approximately $2 million) one hour ago from the Bella Protocol: User Growth Funds address.
One day earlier, Bella Protocol's private sale distribution address transferred 5 million BEL (worth approximately $2.55 million) to Binance.
Yujin speculated that Bella Protocol (BEL) may be attempting to engage DWF Labs for market-making services.






