CryptoMediaClub
Monday, October 6, 2025
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis
No Result
View All Result
CryptoMediaClub
No Result
View All Result
Home All news

DWF Labs Makes Massive Transaction Amidst Allegations of Market Manipulation

26.09.2023
A A
0
123
VIEWS
ShareShare

In the wake of recent allegations of market manipulation, DWF Labs has been seen engaging in heavy on-chain activity, depositing and withdrawing millions in different tokens, including FRONT and BLZ.

These transactions have triggered a surge in scrutiny within the crypto community, leading to questions about their magnitude and prompting close monitoring.

DWF’s Reported Massive Transactions

After denying any form of wrongdoing following Wintermute’s accusations, DWF Labs has been making a series of massive deposits and withdrawals from its wallets. According to Lookonchain analysis, DWF just recently withdrew about 100,787 FRONT ($44K) from Binance.

This transaction occurred shortly after another one of about 299,092 FRONT ($127K) from the same platform yesterday. As per the analysis, now the trading giant holds about 799,979 FRONT, which approximates $351K.

DWF’s dance with FRONT began approximately two months ago when the trading giant received a total of 100 tokens from Binance. A few days later, the trader acquired around 400,000 FRONT tokens before temporarily pausing its involvement until yesterday, when DWF renewed its interest in the token once again.

Further stirring the pot, DWF Labs recently received a substantial 5.73M BLZ (approximately $1.08M) from the Bluzelle Company Wallet. Shortly after, a nominal deposit of 10 BLZ was made to Binance as a test transaction. This small deposit was followed by an additional receipt of 11.4M BLZ ($1.62M) from the Bluzelle Company Wallet.

As per Etherscan stats, DWF just sent out a total of 11.46 million tokens a few hours ago.

Questions Lingering on Alleged Market Manipulation

These transactions have sparked intense speculation and rigorous scrutiny within the community, particularly following allegations made by Wintermute, a peer of DWF. Wintermute recently claimed that the crypto trader is engaged in market manipulation, going so far as to assert that DWF shows no regard for the state of the markets.

As reported a few days ago on CryptoPotato, DWF Labs has unequivocally denied these allegations, highlighting their investment in major crypto networks.

However, the community is still keeping a watchful eye on the situation. In fact, under one of Lookonchain’s tweets, a crypto investor, Huan High, alleged that these major transactions are a possible ‘dump.’ Moreover, a data analyst, Roman Zinovyev, created an analysis page on Dune, which tracks the wallets of DWF.

Binance, which has been the recipient of most of the tokens, has also been under the spotlight in the past for alleged market manipulation.

SPECIAL OFFER (Sponsored) Binance Free $100 (Exclusive): Use this link to register and receive $100 free and 10% off fees on Binance Futures first month (terms).
PrimeXBT Special Offer: Use this link to register & enter CRYPTOPOTATO50 code to receive up to $7,000 on your deposits.

Share9Tweet6ShareSharePin2

Related Posts

Morgan Stanley Wealth Unit Advises 2% to 4% Crypto Allocation In Portfolios
All news

Morgan Stanley Wealth Unit Advises 2% to 4% Crypto Allocation In Portfolios

06.10.2025
0

The Morgan Stanley Global Investment Committee (GIC) has advised clients to allocate a small portion of their portfolios to cryptocurrency,...

Read moreDetails
Russian Central Bank to Launch ‘Large-scale Audit of Nation’s Crypto Holdings’

Russian Central Bank to Launch ‘Large-scale Audit of Nation’s Crypto Holdings’

06.10.2025
US Government Shutdown Crisis: Financial Market Turmoil Intensifies, But Investors Flock to H Mining

US Government Shutdown Crisis: Financial Market Turmoil Intensifies, But Investors Flock to H Mining

06.10.2025
XRP Price Prediction: $3.12 Breakout or New Decline? What’s Next?

XRP Price Prediction: $3.12 Breakout or New Decline? What’s Next?

05.10.2025
Solana Price Prediction: Why Slowing Network Growth Could Limit SOL’s Bullish Potential in the Short Term

Solana Price Prediction: Why Slowing Network Growth Could Limit SOL’s Bullish Potential in the Short Term

05.10.2025
Load More
Next Post
US gov’t messed up my $250K Bitcoin price prediction: Tim Draper, Hall of Flame

US gov’t messed up my $250K Bitcoin price prediction: Tim Draper, Hall of Flame

0 0 votes
Рейтинг статьи
Subscribe
Notify of
guest
guest
0 комментариев
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

Recommended

Nexo launches crypto Mastercard for EEA citizens

Nexo launches crypto Mastercard for EEA citizens

2 years ago
OCC Loosens Crypto Banking Guidelines Following Trump’s Pledge to Finish Crackdown

OCC Loosens Crypto Banking Guidelines Following Trump’s Pledge to Finish Crackdown

7 months ago
TOKEN6900 Presale Ending in 24 Hours: Murad Says SPX6900 Will Be Bigger Than Bitcoin, While It Takes Aim at Ethereum

TOKEN6900 Presale Ending in 24 Hours: Murad Says SPX6900 Will Be Bigger Than Bitcoin, While It Takes Aim at Ethereum

1 month ago
Bitcoin Price’s Potential Surge to $112K Fueled by ETF Inflows: CryptoQuant

Bitcoin Price’s Potential Surge to $112K Fueled by ETF Inflows: CryptoQuant

2 years ago

Categories

  • All news
  • Altcoins
  • Analysis
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
No Result
View All Result

Highlights

XRP Price Prediction: $3.12 Breakout or New Decline? What’s Next?

Solana Price Prediction: Why Slowing Network Growth Could Limit SOL’s Bullish Potential in the Short Term

Bitcoin Price Prediction: After ATH, Only $128,000 Stands Between BTC and an Exponential Rise to $160,000

XRP Price Prediction: CLS Mining Enables XRP Holders to Seize Market Opportunities

Bitwise Files S-1 for Aptos ETF, CEO Cites ‘Momentum in Aptos Ecosystem’

Bitcoin Hits $125K as Exchange Balances Drop to Six-Year Low

Trending

Morgan Stanley Wealth Unit Advises 2% to 4% Crypto Allocation In Portfolios
All news

Morgan Stanley Wealth Unit Advises 2% to 4% Crypto Allocation In Portfolios

06.10.2025
0

The Morgan Stanley Global Investment Committee (GIC) has advised clients to allocate a small portion of their...

Russian Central Bank to Launch ‘Large-scale Audit of Nation’s Crypto Holdings’

Russian Central Bank to Launch ‘Large-scale Audit of Nation’s Crypto Holdings’

06.10.2025
US Government Shutdown Crisis: Financial Market Turmoil Intensifies, But Investors Flock to H Mining

US Government Shutdown Crisis: Financial Market Turmoil Intensifies, But Investors Flock to H Mining

06.10.2025
XRP Price Prediction: $3.12 Breakout or New Decline? What’s Next?

XRP Price Prediction: $3.12 Breakout or New Decline? What’s Next?

05.10.2025
Solana Price Prediction: Why Slowing Network Growth Could Limit SOL’s Bullish Potential in the Short Term

Solana Price Prediction: Why Slowing Network Growth Could Limit SOL’s Bullish Potential in the Short Term

05.10.2025
  • All news
  • Altcoins
  • Bitcoin
  • Blockchain
  • Ethereum
  • NFT
  • Analysis
Editor: cryptomediaclub.com@gmail.com
Advertising: digestmediaholding@gmail.com

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

No Result
View All Result
  • All news
  • Bitcoin
  • Ethereum
  • Altcoins
  • NFT
  • Blockchain
  • Analysis

Disclaimer: Information found on CryptoMediaClub is those of writers quoted. It does not represent the opinions of CryptoMediaClub on whether to sell, buy or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
CryptoMediaClub covers fintech, blockchain and Bitcoin bringing you the latest crypto news and analyses on the future of money.

© 2023 Crypto News. All Rights Reserved

wpDiscuz