Data: 1inch team investment fund sold 70.76 WBTC again 30 minutes ago

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According to ChainCatcher, based on the monitoring of on-chain analyst Yu Jin, the 1INCH team investment fund sold 70.76 WBTC for 6.676 million USDC at a price of $94,346 30 minutes ago.

The 1INCH team investment fund spent $44.22 million purchasing WBTC, ETH, and 1INCH between February 2 and March 10:

  • $28.85 million to buy 11,198 ETH at an average price of $2,577;
  • $14.21 million to buy 160.8 WBTC at an average price of $88,395;
  • $1.15 million to buy 4.7 million 1INCH at an average price of $0.245.

Among these three tokens, only WBTC is currently profitable, and it is also the one they are selling.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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