TechFlow reports, according to monitoring by Spot On Chain, DWF Labs deposited the final 24 million JASMY tokens (approximately $731,000) into Binance half an hour ago. Notably, DWF Labs serves as the market maker for JasmyMGT, and its one-year contract is due to expire in August.
Previous report: On June 26, 2023, after Jasmy Deployer transferred funds to centralized exchanges (CEX), DWF Labs withdrew 700 million JASMY tokens (worth about $3.1 million) from Gate.io at a price of $0.004384 per token, later depositing these tokens into Binance at an average price of $0.01788—representing a 308% increase in value over the past year.
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