- DWF Labs sent 24 million JASMY tokens, equivalent to $731,000, to Binance.
- The deposit represents the last tranche of JASMY tokens held by DWF Labs from June 2023.
- DWF Labs has a one-year MM contract with Jasmy-MGT expiring in August 2024.
Spot On Chain, the AI-powered on-chain tracker, identified a significant JASMY transaction by DWF Labs. According to Spot On Chain, DWF Labs sent 24 million JASMY tokens, worth $731,000, to a Binance wallet on June 25, 2024.
DWF Labs (@DWFLabs) just deposited the last 24M $JASMY ($731K) to #Binance ~33 mins ago.Notably, DWF Labs has a 1-year contract as an MM of @JasmyMGT that will expire in Aug:
• They withdrew 700M $JASMY from #Gateio at $0.004384 on Jun 26, 2023, right after Jasmy Deployer… pic.twitter.com/TEJuDlWL1Z
— Spot On Chain (@spotonchain) June 25, 2024
In a recent post on X, the crypto on-chain tracker noted that the recently deposited tokens represent the last tranche of JASMY tokens held by DWF Labs from June 2023. Notably, DWF Labs has a running one-year contract with Jasmy-MGT, the firm behind JASMY cryptocurrency, as a Market Maker (MM) that will expire in August 2024.
Meanwhile, historical data s…
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