PANews reported on August 10 that Spot On Chain monitoring showed that Pantera Capital deposited 12.95 million 1INCH tokens worth about $3.52 million into Coinbase Prime 7 hours ago. It is worth noting that Pantera Capital was an investor in 1inch and received an investment share of 104.6 million 1INCH between 2021 and 2023. Since July 24, when the price of 1INCH began to fall, the venture capital firm began to deposit 1INCH into Coinbase.

As of now, Pantera Capital has deposited 34.91 million 1INCH to the centralized exchange in the past 17 days, worth about $11.8 million, with an average price of about $0.338. Currently, Pantera Capital still holds 69.69 million 1INCH, worth about $19 million.