According to ChainCatcher, Spot On Chain monitors that 3 hours ago, DWF Labs deposited 500,000 AXL (about 420,000 US dollars) into Binance. This action has attracted widespread attention from the market.

At present, DWF Labs still holds 2.5 million AXL (about 2.1 million US dollars). This shows that while the lab holds a large amount of AXL, it is also conducting liquidity operations on some assets.

Although this deposit behavior may have a certain impact on the market, the specific extent of the impact still needs further observation. Investors should remain rational, pay attention to market dynamics, and avoid blindly following the trend.