A wallet tagged “Cumberland DRW?” has been trading $BTW throughout the past month
Phase 1: Withdrew ~10.65M BTW from Gate as the price rose from $0.45 → $1.43
Average cost: ~$0.98
Phase 2: Now sending it back.
500K → 2M → 1M sent to Gate over the past week (~$4.7M). Still holding 7.6M $BTW ($12.8M), up ~72%.
The accumulation phase is over.
The distribution phase has begun. 👈
Phase 1: Withdrew ~10.65M BTW from Gate as the price rose from $0.45 → $1.43
Average cost: ~$0.98
Phase 2: Now sending it back.
500K → 2M → 1M sent to Gate over the past week (~$4.7M). Still holding 7.6M $BTW ($12.8M), up ~72%.
The accumulation phase is over.
The distribution phase has begun. 👈