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DWF Labs and GSR are suspected market makers for ID, with a total market-making quantity of 43.2 million coins

DWF Labs and GSR are suspected market makers for ID, with a total market-making quantity of 43.2 million coins

2024/02/07 12:45
ID+1.83%

According to on-chain analyst @ai_9684xtpa's monitoring, through on-chain data analysis, it is speculated that DWF Labs and GSR markets are both market makers for SpaceID (ID). GSR market making quantity: 23.2 million tokens, first received tokens on 2023.03.22; DWF market making quantity: 20 million tokens, first received tokens on 2023.04.14; Upbit once listed the ID Bitcoin trading pair on November 20, 2023, causing a price increase of 11%; today it listed the Korean won trading pair again, bringing another surge of 85%.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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