Data: 1inch Team Investment Fund Sells 70.76 WBTC Again 30 Minutes Ago

According to ChainCatcher, monitored by on-chain analyst Ember, the 1inch team investment fund sold another 70.76 WBTC for 6.676 million USDC 30 minutes ago, at a sale price of $94,346.

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

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

Among these three tokens, only WBTC is currently profitable, which is why they are selling it.