Data: DWF Labs former co-founder Eugene Ng's associated address transferred 12.9 billion CAT to Binance three hours ago, suspected of selling

According to ChainCatcher news, monitored by on-chain analyst Ai Yi, the associated address of DWF Labs' former co-founder Eugene Ng deposited 12.9 billion CAT (830,000 USD) to Binance three hours before the market opened, suspected of selling.

In August 2024, this address received 9 billion CAT from the Disperse contract, when the coin price was only $0.00001547, currently yielding a profit of four times.