1inch Wallet Buys $10M in ETH Following $3.7M Profit Streak in July 🔥🔥
- A
#crypto wallet associated with the
#1inch Investment Fund has acquired 6,088 ETH for over $10 million, with each
#ETH purchased at a price of $1,655. The wallet's total digital assets are now valued at approximately $80 million.
- This recent
#purchase is notable given the wallet's previous activities. Earlier this year, it engaged in three purchases of ETH through dollar-cost averaging, accumulating around 17,000 Ether and spending $26 million in total.
- In July, during a period when ETH's price reached $1,906, the wallet sold about 11,000 ETH for $21 million, resulting in a profit of $3.7 million.
$1INCH - These actions underline the increasing interest in the Ethereum blockchain and its native cryptocurrency, Ether. Despite price fluctuations, significant investors are consistently accumulating Ether, indicating sustained confidence in its potential value.