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BTC $83,439.27 -0.19%
ETH $2,504.04 -0.94%
BNB $742.68 -0.23%
XRP $1.37 -0.61%
SOL $107.28 -1.08%
TRX $0.3310 +0.24%
DOGE $0.0845 -0.43%
ADA $0.2349 -2.03%
BCH $278.22 +1.71%
LINK $12.88 -1.60%
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AAVE $160.38 -0.50%
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XLM $0.1899 -2.78%
ZEC $1,248.97 +2.62%
AAPL $342.56 +0.12%
AMZN $259.70 +0.36%
GOOGL $356.58 +1.31%
MSFT $545.84 +0.58%
META $768.24 +4.14%
NVDA $228.65 +2.01%
TSLA $375.94 +0.33%
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INTC $102.17 +1.19%
SPCX $157.53 -3.20%
MU $944.49 -1.52%
AMD $603.78 +2.92%

cyberconnect

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

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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