VELVET Capital Spot Manipulation and Contract Harvesting: 10x Surge in a Short Time with Massive Fund Transfers

余烬
余烬|6月 11, 2026 01:03
Another round of *intense* spot manipulation + contract harvesting? DEX platform @Velvet_Capital has surged 10x in the past few days (from $0.09 → $0.9). During this explosive rise, project-related addresses transferred 22 million velvet:native ($19.8M) to exchanges like Bitget, Gate, and Kucoin over the last 3 days. Address: https://((arkm.com))/explorer/address/0x150c8A0AfF9cAEFE3ce92658AfA302e0172D1056 Additionally, VELVET's market maker, DWF Labs, has also transferred 6.68 million VELVET ($6M) to the same exchanges in the past month. Address: https://((arkm.com))/explorer/address/0x809520亿a07Edf0亿100A3aA724d113A6DE9992d70c -------------------------------------------------------------------------- Bitget: Where VIPs gather! Crypto, US stocks, CFDs—global opportunities all in one place.
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