FET, API3, CYBER, 4 Others Help Market Maker Smile to the Bank

• High volatility could send FET down to $1.30, but a move to $3 remains likely.
• API3 could keep consolidating between the $3 and $4 regions as the EMAs converged.
• CYBER pulled a bullish, engulfing candle, indicating a possible rise to $15.

Over the last 30 days, market maker DWF Labs has bought and made profits off several tokens. Some of the tokens that gave DWF Labs incredible gains include Fetch.ai (FET), CyberConnect (CYBER), and API3.

According to Spot On Chain, the market maker deposited 1 million FET to Binance after the token surged by 20% in the last 24 hours. Although the firm still held about $3.34 million worth of FET, its total profit in the last month was about $6.59 million.

DWF Labs (@DWFLabs) deposited 1M $FET ($1.41M) to #Binance ~16hrs ago as the price surged over 20% (24H).

They still hold 2.05M $FET ($3.34M) and have an estimated total profit of $6.59M!

Check out the PnLs of 7 tokens $JASMY, $FET, $SPELL, #API3, $LIT, $PROM, and $CYBER with… pic.twitter.com/thJExwvbvK

— Spot On Chain (@spotonchain) March 1, 2024

However, it was not these three tokens alone that gave the DWF those gains. Others included JasmyCoin (JASMY), Spell Token…

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