Analysis: MOG whale arthurgayes.eth miner fees may originate from DWF Labs address
ChainCatcher news, on-chain data analyst @ai_9684xtpa posted that smart money arthurgayes.eth deposited 20 trillion MOG into Bybit and Gate 10 hours ago, worth 4.34 million USD. If sold entirely, it would yield a profit of 4.28 million USD. This address previously purchased 82.5 trillion MOG in September 2023 at an average price of 0.0000000301 USD, spending 248,000 USD; currently, it still holds 62.5 trillion tokens, with an unrealized profit of up to 13.4 million USD.
According to analysis, the miner fees for the address starting with 0x5041 used by arthurgayes.eth for offloading come from the "PORTAL market maker address," which is suspected to belong to DWF Labs. (Although there is currently no public cooperation information between DWF and the meme token MOG)