Upbit Acquires 3.6M CYBER Tokens, Surging Price By 130% Since August 22nd
Upbit has recently become the largest holder of CYBER tokens, which are part of the Web3 social graph protocol. Since the August 22nd list, Upbit has acquired 3.6 million CYBER, accounting for 33% of the token’s circulating supply. This is more than Binance’s 2.47 million.
#Upbit has become the largest $CYBER holder since the Aug 22nd list which controls 3.6M tokens (33% of the token’s circulating supply).
More than #binance ‘s 2.47M. https://t.co/X4JDkfM5xf
— 0xScope (🪬 . 🪬) (@ScopeProtocol) August 31, 2023
On August 22nd, Upbit announced its plans to introduce CYBER to its BTC market, offering immediate CYBER deposit support in just three hours, exclusively from the Ethereum network. This has resulted in significant traction gained by CyberConnect’s CYBER price, which achieved an increase of over 85% in just 24 hours on August 29th.
As of this writing, the CYBER token, which is the Web3 social graph protocol, briefly crossed $9.2 today and it is now trading at around $9 with a 127% gain over the last 7 days.
On August 30th, DWF Labs demonstrated its strategic prowess by increasing its CYBER token holdings by 170,000 units over the past week, executed at an average price of $4.5 per token, amounting to a $765,000 investment. Presently, DWF Labs continues to hold these tokens, with their value surging to approximately $1.26 million.
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