DWF Labs partner reveals large accumulation of altcoins and BTC, betting on market rebound

BTC-0,14%
BNB-0,26%

On March 3rd, it was reported that DWF Labs, a crypto market-making firm, Executive Partner Andrei Grachev recently posted on social platform X that his team has been continuously increasing holdings of various cryptocurrencies over the past month, including altcoins, Bitcoin, and BNB. He straightforwardly stated: “Last month, we accumulated a lot of junk coins, altcoins, Bitcoin, and BNB. When the market rebounds, you’ll see an unprecedented level of market activity.”

This statement quickly sparked discussions within the crypto community. Some market participants believe that this remark signals institutional funds are positioning themselves in advance, especially given the current phase of market correction, with some funds possibly accumulating at low levels. Andrei Grachev’s comments are also seen as an expression of expectations for a future rebound in crypto market liquidity.

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