DWF Labs suspected to be market maker for ESPORTS token
2026-05-25 13:55
Odaily Planet Daily News According to on-chain analyst Ai Yi's monitoring, ESPORTS experienced a flash crash, dropping by 92%. DWF Labs is suspected to be the market maker for this token. Five days ago, an address (0x7Ef...C10dD) deposited 19.9 million ESPORTS, worth $13.9 million, into a Kraken address associated with DWF Labs. The upstream funding for this address originates from the token's deployment address, which is also one of the addresses that fueled this flash crash, having frequently sold tokens on-chain.
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