The 1inch team sold 7.657 million 1INCH for 4.068 million USDC on-chain 9 hours ago

Bitget2024/12/05 01:36

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According to on-chain analyst Yu Jing, the 1inch team's investment fund address has started selling 1INCH: They sold 76.57 million 1INCH for 40.68 million USDC on-chain nine hours ago at a price of $0.531 per token. The 1inch team had previously bought in with $5.5 million for 224.5 million tokens between July and September, at an average price of $0.245.

Now the price of 1INCH has doubled compared to their buying price, resulting in a profit from this investment as high as $6.42 million (+128%). In addition to this successful operation with 1INCH, they have also made several profitable trades with ETH before.

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华尔街见闻•2026/11/08 12:41