TechFlow news, data shows that investment firm CMS Holding accumulated 518,778 DYDX tokens from Binance three hours ago at a price of $1.936 (worth approximately $1 million).
CMS Holding's DYDX trading history can be divided into two phases:
Phase one: As an early investor in DYDX, CMS Holding received a total of 1.78 million DYDX tokens from the DYDX platform between September 8 and 20, 2021. These were then deposited in batches into exchanges OKX and FTX between September 11, 2021, and June 14, 2022, at an average price of about $1.24, totaling $2.21 million in value.
Phase two: Starting June 14, 2022, CMS Holding began accumulating 4.025 million DYDX tokens across multiple centralized exchanges at an average price of $1.877, amounting to a total cost of $7.56 million. Of these, only 972,000 DYDX were transferred into Binance at an average price of $2.788, realizing a profit of $885,800, representing a 48.5% increase. CMS Holding currently still holds 3.05 million DYDX tokens worth $5.98 million, with unrealized gains of $252,700.
