During the period when Velvet Capital's token surged tenfold, the project team transferred tokens to DWF Labs

The price of Velvet Capital token has recently risen from $0.09 to $0.9. The project's affiliated address 0x150c8A... 1056 transferred 220 million Velvet: native tokens worth $198 million to Bitget, Gate, and Kucoin within 3 days. Market maker DWF Labs transferred 668 million VELVETs worth $6 million to the aforementioned exchange within one month. (Ashes)