1inch team sold 7.657 million 1INCH for a profit of $6.42 million
According to PANews, on-chain analyst Yu Jin monitored that the 1inch team's investment fund address sold 7.657 million 1INCH 9 hours ago in exchange for 4.068 million USDC, with an average selling price of $0.531.
Compared to the average purchase price of $0.245 for 22.45 million 1INCH during the period from July to September, this operation brought the team approximately $6.42 million in profit, with an investment return of 128%.