$ORBS is already up by 42% today.

In a few recent cases, when the DWF Labs deposited tokens to CEX, the price quickly pumped a lot at first, but not in the long term.

Will it be different in this case?

1/

First, ORBS currently accounts for the largest proportion of the DWF Labs portfolio with 150M ($4.98M).

This token amount was minted in 2018.

2/DWFLabs just deposited 24.06M $ORBS ($776.8K) to #bithumb at $0.031 1 hour ago.

This token amount was withdrawn from #Upbit at an average price of $0.22 3 months ago.

3/

Moreover, in the period from 15/3 - 19/5, they deposited a total of 193.9M $ORBS ($5.85M) to #upbit and #bithumb at an average price of $0.03.

Then the $ORBS price dropped by 27% from $0.033 to $0.026.

In the period from 09/05 - 21/06, they deposited a total of 20.5M $ORBS ($549K) to exchange at an average price of $0.0267.

Then the $ORBS price dropped by 29% from $0.027

4/

Meanwhile, this time $ORBS quickly pumped by more than 40% in just 1 day.

Another notable point is that #upbit is currently the top 3 holder with 1.63B ($49.8M), accounting for 16% of the total supply.

Let's see what DWF Labs and Upbit will do with $ORBS in the next few days.