Two days ago, the Mask multi-signature address transferred 600,000 MASK to an address associated with DWF Labs

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, influenced by Vitalik's use of the Mask-owned social application Firefly, MASK briefly rose by 11%, currently priced at $5.62.

The Mask multi-signature address transferred 600,000 tokens, worth $3.07 million, to the DWF Labs associated address 0x7C4…525A9 two days ago, making it the second-largest address in terms of on-chain holdings.

The funding source for the top address is also the address 0x7C4…525A9, which holds 1.3 million MASK; if these two addresses indeed belong to DWF, it would be the largest institutional holder of MASK, cumulatively owning tokens worth $10.34 million.