DWF Labs, a renowned company in the cryptocurrency sphere, recently made a significant purchase, acquiring 16.2 million ARPA altcoins from Bella Foundation for 1 million USDT, at a price of $0.06173 per ARPA. Shortly after the purchase, all tokens were transferred to the Binance platform. At the time of publication, the price of ARPA slightly increased, reaching $0.06453.
In addition to this event, the article mentions two "whales" of the cryptocurrency world that have reactivated after an almost two-year hiatus, withdrawing 665.655 million JASMY (equivalent to $5.36 million) from Coinbase over the last 6.5 hours at an average price of $0.008054 per JASMY. Since October 11, 2021, these whales have withdrawn a total of 1.22 billion JASMY from Coinbase, with an estimated total transaction value of $20.54 million, suggesting one individual managing the assets. The price of JASMY at the time of writing the article was $0.01006, showing a more than 35% increase in a day.
These events underscore the activity and dynamism of the cryptocurrency market, where significant transactions and capital movements can significantly influence market prices and trends.
