Lookonchain tweeted that an organization has accumulated 7,669 ETH ($12 million), 83,815 AAVE ($6.37 million), 919,998 UNI ($5.74 million), and 86,976 COMP ($4 million) this year. The institution earned $36 million in 2022 by buying ETH at the bottom and selling at the top.
During the period from June 24 to August 1, 2022, the institution received 95,138 ETH (valued at $118 million at the time) from Binance, with an average receiving price of $1,237; and on August 15, September 14, 2022 Rihe transferred 95,100 ETH (valued at $154 million at the time) to Binance on September 15.
In addition, the agency received 86,976 COMP from Binance on January 4 and today, with an average price of $39; it received 83,815 AAVE from Binance on January 4 and January 7, with an average price of $57 USD; 919,999 UNIs were received from Binance today, with an average receiving price of $6.2; 7,669 ETHs were received from Binance on January 4 and February 22, with an average receiving price of $1,492.
According to Lookonchain, the institution is related to IOSG Ventures because they use the same Binance deposit address.