CandleFocus DWF Labs Fuels $GALA Price Surge with Strategic $1.04M Binance Deposit
2024-12-05
Author: Content Editor
Crypto liquidity provider DWF Labs has deposited 20 million $GALA tokens, worth $1.04 million, to Binance following a 25% surge in the token's price. This deposit is part of DWF Labs' broader strategy, which includes market-making efforts and partnerships with blockchain projects. The company previously partnered with Gala Games and withdrew 28.31 million $GALA tokens worth $1.2 million from Binance. Despite the withdrawals, DWF Labs still holds a significant amount of $GALA tokens valued at $3.55 million. This deposit reinforces DWF Labs' position as a major player in the crypto market and highlights its role in shaping the liquidity and stability of $GALA.
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