Data: Addresses associated with IOSG Ventures made a profit of 36 million dollars through buying low and selling high in late 2022
ChainCatcher news, the on-chain data analysis platform Lookonchain tweeted that an institution has accumulated 7,669 ETH (12 million USD), 83,815 AAVE (6.37 million USD), 919,998 UNI (5.74 million USD), and 86,976 COMP (4 million USD) this year.
Additionally, the institution made 36 million USD by buying ETH at the bottom and selling at the top in 2022. Between June 24 and August 1, 2022, the institution received 95,138 ETH from Binance (worth 118 million USD at the time), with an average receiving price of 1,237 USD; and transferred 95,100 ETH to Binance on August 15, September 14, and September 15, 2022 (worth 154 million USD at the time).
On January 4 and today, the institution received 86,976 COMP from Binance, with an average receiving price of 39 USD; on January 4 and January 7, it received 83,815 AAVE from Binance, with an average receiving price of 57 USD; today, it received 919,999 UNI from Binance, with an average receiving price of 6.2 USD; and on January 4 and February 22, it received 7,669 ETH from Binance, with an average receiving price of 1,492 USD.
Lookonchain stated that this institution is associated with IOSG Ventures because they use the same Binance deposit address. (source link)
