According to ChainCatcher, on-chain data analyst @ai_9684xtpa detected that DWF Labs has become the second-largest institutional holder of USD1, a dollar stablecoin launched by WLFI, currently holding 6 million USD1.
After receiving 1 million stablecoins on April 3rd, DWF Labs received another 5 million USD1 on the BSC network 9 hours ago, which was subsequently cross-chained to the Ethereum mainnet.
Additionally, Wintermute appears to be the top institutional holder of USD1 on-chain. Currently, four addresses have accumulated 57 million USD1, which is 9.5 times the holding scale of DWF Labs.




