PANews reported on December 4 that Spot On Chain monitoring showed that DWF Labs deposited 20 million GALA (about $1.04 million) into Binance about 19 hours ago, after the price of GALA rose 25% in one day. It is worth noting that DWF Labs reached a cooperation with Gala Games in September 2023 and obtained 60 million GALA (worth $1.45 million at the time).
In May 2024, DWF Labs withdrew 28.31 million GALA (worth $1.2 million) from Binance at a price of $0.04247. Currently, DWF Labs still holds 68.31 million GALA with a market value of approximately $3.55 million.
