PORTAL Surges Over 15% Today Amidst Market Activity

The cryptocurrency $PORTAL has witnessed a significant surge of over 15% in its value today, marking a notable uptrend in its market performance. 

Earlier in the day, the market-making address associated with PORTAL, identified as 0x75b…7bB1A, deposited a substantial sum of 2.2 million tokens into Binance and Bybit, amounting to a total value of $4.932 million.

Following this deposit, there was a brief downturn in the price of $PORTAL, experiencing a 3% decline from $2.2662 to $2.20, before rebounding to its current price of $2.48. 

过去两小时，PORTAL 做市地址 0x75b…7bB1A 向 #Binance 和 #Bybit 累计充值 220 万枚代币，价值 493.2 万美金

随后 $PORTAL 币价短时下跌 3%（$2.2662 > $2.20），现已反弹至 $2.22；02.29 该地址收到项目方的 1500 万枚代币，目前仍剩余 1155 万枚，价值 2576 万美金，该地址或归属于 DWF Labs https://t.co/XJgLlTFdTR pic.twitter.com/AV7tylpqvU

— Ai 姨 (@ai_9684xtpa) March 9, 2024

Records indicate that on February 29th, this address received a transfer of 15 million tokens from the project party, retaining 11.55 million tokens valued at $25.76 million. Speculations suggest that this address may be associated with DWF Labs.

In another recent development, DWF Labs replenished 250,000 $PORTAL coins to Binance, amounting to $620,000, with a transfer price of $2.49.

This move coincided with a broader uptick in the blockchain gaming sector, contributing to a nearly 9% rebound in the price of PORTAL from $2.24 to $2.47.

更新：半小时前，DWF 再次向币安充值 25 万枚 $PORTAL ，价值 62 万美金，转入价格 $2.49

受链游板块普涨影响，PORTAL 币价反弹近 9% ($2.24 > $2.47)