IOSG Ventures deposited all GAL to Binance

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Feb 21, 2024

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IOSG Ventures deposited all GAL to Binance

Outflow

Related addresses

IOSG Ventures 0x182

Total tokens transferred

611.744K

GAL

Related transactions

IOSG Ventures 0x182

Binance deposit

Feb 21, 10:22

IOSG Ventures, an investor in Galxe, just deposited all 611,744 GAL ($1.76M) to Binance at $2.882:

transaction: 0xd2b5adce6b173179dc776c495fb949f6bdafb2912dc32bd7c86de28d4d829e38
address: 0x1824ffb249cd510573840155b3defbbdb4abb916

Notably, IOSG Ventures:

vested a total of 777,747 GAL from Galxe since August 5, 2022, on a 3-month basis at an average price of $2.12 (not the real investment price);
further withdrew 56,210 GAL from Binance at $1.123 ($63.2K) on June 9, 2023;
then deposited 833,957 GAL to Binance at $2.528 on average ($2.11M) on January 16, 2023, and February 21, 2024.

The GAL price pumped up to 98% in the past month but has been cooling down sharply.

Fig 1. IOSG Ventures' overall GAL in/outflows.

#iosg ventures

#iosg

#gal

#galxe

#deposit

#binance

#investor

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IOSG Ventures deposited all GAL to Binance

Last synced: Feb 21, 10:37

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Spartan Group allegedly sold 200K GAL ($712K) for profit

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