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1inch Team Investment Fund Sells Part of ETH and 1INCH, Realizing $8.36 Million in Profits
Summary: According to Chainalysis analyst Yu Jin, the 1inch team investment fund has started selling the previously purchased ETH and 1INCH on-chain. They have sold 5,000 ETH at an average price of $4,215, exchanging it for 21.07 million USDC; and sold 6.45 million 1INCH at an average price of $0.28, exchanging it for 1.8 million USDC. ...
According to Chainalysis analyst Yu Jin, the 1inch team investment fund has started selling the previously purchased ETH and 1INCH on-chain. They have sold 5,000 ETH at an average price of $4,215, exchanging it for 21.07 million USDC; and sold 6.45 million 1INCH at an average price of $0.28, exchanging it for 1.8 million USDC. The sale of this portion of ETH and 1INCH today has realized $8.36 million in profits.
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Link: 1inch Team Investment Fund Sells Part of ETH and 1INCH, Realizing $8.36 Million in Profits [Copy]