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XLM $0.1806 -3.34%
ZEC $499.39 -6.14%
BTC $62,419.10 -2.26%
ETH $1,782.98 -2.24%
BNB $568.26 -1.58%
XRP $1.06 -2.10%
SOL $75.27 -2.60%
TRX $0.3240 -2.22%
DOGE $0.0720 -1.45%
ADA $0.1578 -2.59%
BCH $236.70 -2.57%
LINK $7.93 -1.70%
HYPE $63.38 -5.74%
AAVE $95.48 -1.38%
SUI $0.7242 -1.72%
XLM $0.1806 -3.34%
ZEC $499.39 -6.14%

Analysts: Wintermute and DWF Labs play a significant role in the price trend of CYBER

2023-09-04 08:27:28
Collection

ChainCatcher news reports that, according to The Data Nerd monitoring, Wintermute and DWF Labs played a significant role in the price movement of CYBER over the past two weeks.

On August 15, Wintermute received 144,900 CYBER tokens (approximately $929,000) from the CyberConnect team at an average price of $6.4 and deposited all of them into Binance shortly after to increase liquidity.

On August 20, the CyberConnect multi-signature wallet transferred a total of 133,300 CYBER (approximately $603,000) to the Wintermute OTC wallet at an average price of $4.4. Then, Wintermute transferred all CYBER to Binance; additionally, the Binance contract trading platform launched the CYBER/USDT trading pair that day.

On August 21, the CyberConnect team deposited another 35,000 CYBER (approximately $165,000) into Binance via Wintermute OTC. On August 30, Wintermute received another 205,000 CYBER ($2 million) and deposited it into CEX at an average price of $6.95.

Overall, Wintermute deposited a total of 518,000 CYBER into CEX (4.6% of the initial supply).

Meanwhile, DWF Labs withdrew 170,000 CYBER (approximately $765,000) from Binance at an average price of $4.5 on August 22. They then deposited all tokens into Bithumb at a price of $8.57, which would have yielded a profit of $691,000 (190%) if sold at that time.

Additionally, a new wallet starting with 0x9b7 was monitored with a total transaction volume of 7.74 million CYBER. It received most of the CYBER from Upbit and then deposited it into Binance.

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