According to Arkham, Movement Treasury transferred 13.355 million MOVE, valued at approximately $7.22 million, to the address: 0x6F…6212 at 18:32 UTC+8 today. Notably, the address: 0x6F…6212 appears to be associated with a DWF Labs address. The address: 0x6F…6212 recently received 7 million USDC from a suspected DWF Labs address: 0xD9…3B34 and participated in minting 6 million USDF, with Falcon (USDF)'s parent company also being DWF Labs. Recently, Binance discovered abnormal behavior by Movement's market maker Web3Port (Whisper); DWF Labs may become Movement's new market maker.
Movement Treasury transferred 13.355 million MOVE today, worth about $7.22 million
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