Analysis: The Institution That Subscribed to WLFI an Hour Ago May Be B2C2 Group
According to on-chain analyst Ai Yi (@ai_9684xtpa), the institution that subscribed to WLFI an hour ago may be B2C2 Group. This address previously spent 40 million USDT on June 4 to subscribe for 400 million WLFI at a cost of $0.10 per token, with the tokens being received three days after payment. To date, the cumulative investment in WLFI has reached $80 million. This cost is on par with the $25 million USDC spent by DWF Labs on April 9, which is 6.67 times the first-round subscription price ($0.015) and twice the second-round subscription price ($0.05).
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.
You may also like
Santander Bank: Japan GPIF does not need to adjust asset allocation policy, $62 billion may face sell-off
Analysts at Spain's Santander Bank stated that Japan’s Government Pension Investment Fund (GPIF) could potentially sell up to $62 billion worth of U.S. Treasury bonds without needing to formally adjust its asset allocation policy.
Computer Modelling Group held annual shareholder meeting
Targa Exploration closes C$3.19 million private placement of flow-through and hard-dollar units
Alpha Compute CFO Wesley Allen Levitt acquires 1,000 common shares worth $5,095.50
Crypto prices
More
