[DWF Labs Partner Denies 'Bearish on Altcoins' Remarks, Calls Related Reports False] According to a report by Jinse Finance, Andrei Grachev, managing partner of crypto market maker DWF Labs, clarified in a post on the X platform that certain media outlets spreading claims that he said 'altcoins will never rise' are false information. He pointed out that the current market is in a phase of activation and expansion, advising investors to focus on actual market performance. He also reminded readers not to blindly trust media reports and to rely on original information sources for judgment. Andrei Grachev previously disclosed that he increased his holdings of altcoins, Bitcoin, and BNB in February of this year and is waiting for a market rebound.