PANews reported on May 21 that DWF Labs announced via Twitter that they have taken proactive measures to alleviate market selling pressure and have purchased 25 million GALA tokens on the open market.

According to monitoring by Spot On Chain, DWF Labs recently received 28.3 million GALA (worth $1.1 million) from Binance. Currently, they hold a total of 88.3 million GALA, making it the fifth largest holding in their investment portfolio.