According to the latest on-chain monitoring data, IOSG Ventures transferred 42,558 $ILV to Binance within an hour, worth approximately $1.66 million. Notably, this is not the first large-scale operation by IOSG Ventures. Last November, when $ILV was listed on Binance contracts, IOSG Ventures sold 75,753 $ILV at a price of $70.6 each, totaling about $5.35 million.
This frequent and precise movement of funds demonstrates the thoughtful consideration of institutions in market operations. It is currently unclear whether this indicates the institution's intention to prepare for another round of selling or to build momentum for future operations. The market is highly attentive to how this operation will affect the trajectory of $ILV. For retail investors, it is important to remain calm in the face of the frequent inflows and outflows of institutional whales, to analyze market dynamics rationally, and to make decisions that align with their own investment strategies.