Last week, the developer of the highly-discussed cryptocurrency project, Milady, has taken action against the top three holders of LADYS, adding them to the notorious Blacklist. But the intrigue doesn’t end there. Further investigation reveals that the two leading LADYS holders, apart from the Blacklist and developer addresses, can be traced back to none other than DWF Labs.
With a staggering 30.6 trillion LADYS tokens under their control, valued at an impressive $1.9 million, DWF Labs has quickly become the largest holder in the game. The evidence grows even more compelling when we examine their transaction history.
Notably, address 0xBc08, which once received 10,000 $USDT from DWF Labs’ 0xd4b6 address, appears to be closely associated with the enigmatic organization.
Delving deeper into the financials, it becomes clear that DWF Labs has made calculated moves in the $LADYS market. Their two identified addresses managed to spend 18.82 ETH (equivalent to $34,791) to acquire a substantial 31.3 trillion $LADYS tokens. However, they also capitalized on opportune moments, selling 671 billion $LADYS for a notable 16.22 ETH (amounting to $29,884).
As it stands, DWF Labs continues to hold a remarkable 30.6 trillion $LADYS tokens, boasting a jaw-dropping profit of $1.9 million—a mind-boggling return of approximately 55 times their initial investment. But the plot thickens even further.
Observing the movement of $LADYS tokens, it becomes evident that DWF Labs has transferred a significant portion—15.1 trillion $LADYS tokens, valued at around $2.1 million—to renowned exchanges such as MEXC, Huobi, Bybit, and Gateio.
Remarkably, the buying cost for DWF Labs amounts to a mere 5.3 ETH, a meager $9,903 when converted into fiat currency. Considering the potential windfall, estimated at over $2 million if all $LADYS tokens were sold at current market rates, the scale of DWF Labs’ gains becomes truly staggering.
As the cryptocurrency community grapples with the implications of this shocking revelation, questions surrounding DWF Labs’ intentions and influence within the $LADYS ecosystem continue to mount. How did they amass such a substantial holding, and what role do they play in the future trajectory of Milady’s cryptocurrency project? Only time will tell, but one thing is certain—DWF Labs is rapidly emerging as a dominant force in the ever-evolving world of digital assets.
