DWF Labs, a global digital asset market maker and investment firm, is buying more LADYS, on-chain data on May 17 shows.
DWF Labs Buying LADYS
Trackers indicate that the market maker bought 1.9 trillion LADYS for 108 ETH worth roughly $196,000 at the time of the purchase.
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These purchases were made on Uniswap v3, a decentralized exchange allowing for trustless token swapping on several blockchains.
While DWF Labs’ purchase could be worth watching, it is not immediately clear why they are buying the meme token that its creators say will be the “quintessential token for internet spirituality” in the days ahead.
There are concerns that the market marker is trying the pump LADYS so that they can liquidate and profit later. On the other
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