LISTA (LISTA), a decentralized stablecoin system with liquid staking, experienced an 18% price increase upon its launch on major exchanges, including Binance. This listing marks a significant milestone for LISTA.
DWF Labs (@DWFLabs) is reportedly the market maker for @lista_dao. In the two days preceding the listing, DWF Labs received 10 million LISTA tokens from the project and transferred them to various centralized exchanges: 2.5 million LISTA to Bitget, 2 million to Binance, 1.5 million to MEXC, 850,000 to Gateio, and 850,000 to KuCoin.
$LISTA was just listed on several exchanges with a starting price of $0.565!
Note that DWF Labs (@DWFLabs) appears to be an MM of @lista_dao.
In the past 2 days prior to the listing, DWF Labs received 10M $LISTA from the project and has been transferring the tokens to CEX,… pic.twitter.com/5n1TGY9Smx
— Spot On Chain (@spotonchain) June 20, 2024
A few hours ago, DWF Labs also received 32,339 pledged airdrops. At the Whales Market OTC price of $0.5482, this results in a profit of $17,728. Additionally, DWF Labs pledged 8,011 BNB to LISTA a month ago at an average price of $601 per BNB on May 25, resulting in a maximum floating profit of $960,000. As of today, this position is break-even.
LISTA Whales And Airdrops Wallet Claims
One significant beneficiary of the LISTA airdrop is the address 0x4ce…f3c8d, which received 5.84 million LISTA, valued at $4 million, making it the top personal recipient.
Moreover, this whale’s gains from staking BNB have been impressive. The gains during the staking period reached $9.98 million, bringing the total gains over four months to $13.98 million, with a remarkable return rate of 94%.
This whale pledged a total of 41,077 BNB, worth $14.77 million, to LISTA between February 4, 2023, and March 10, 2024, when BNB was priced at $359. All BNBs were redeemed on April 29 and May 23.
https://x.com/ai_9684xtpa/status/1803772263055110269?t=fihkeyH4p4nR4XJgrZuI7Q&s=19
The strategic moves by DWF Labs and prominent whales highlight the lucrative opportunities within the cryptocurrency market, especially with the successful launch of LISTA.
Disclosure: This is not trading or investment advice. Always do your research before buying any Metaverse crypto coins.