That is EtherDelta's wallet, basically an exchange wallet.
And dev transfer 700k coin into this wallet?https://etherscan.io/token/0xdbfb423e9bbf16294388e07696a5120e4ceba0c5?a=0xfc851b0fc03c02e2be9cfe39f05f30e9ba21f4bd
-> page 4
https://etherscan.io/tx/0x347ced9429aaa4cf6ca326fc6c93516825fd1c5d6fa088c54c7eee1a49ea572b
https://etherscan.io/tx/0x790e5b529523a673c5f5b5c73ed9db97a079a8a96ef1e1b2ae10de9703f828dc
https://etherscan.io/tx/0x470487864998d1c1cd5a1a8c6f8d5df70714f146293a24bc4215da1d9e0e904c
https://etherscan.io/tx/0x785f98f46dfea9c6a1577b95cf2b6d5db1f38b425aa757890cfe4392660546d8