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

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

CointimeCointime2025/04/26 10:22
By:Cointime

according to on-chain analyst Yu Jin's monitoring, the 1inch team's investment fund sold 70.76 WBTC again 30 minutes ago, exchanged for 6.676 million USDC, at a selling price of $94,346.

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

$28.85 million was spent buying 11,198 ETH at an average price of $2,577;

$14.21 million was spent buying 160.8 WBTC at an average price of $88,395;

$1.15 million was spent buying 4.7 million 1INCH at an average price of $0.245.

Out of these 3 tokens, only WBTC is currently profitable, and this is also what they are selling.

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