The 1inch team invested 2 million USDC into the CEX address and may continue to increase their holdings of 1INCH.

robot
Abstract generation in progress

On July 13, according to EmberCN monitoring, the 1inch team investment address deposited 2 million USDC into CEX, which may continue to increase its holdings of 1INCH. Earlier today, the 1inch team investment fund withdrew 6.334 million 1INCH from CEX. Since July 6, they have purchased 13.23 million 1INCH on-chain using a total of 3.43 million USDC, and transferred 7.97 million USDT into CEX to buy 32.41 million 1INCH back to the address. During this period, the price of 1INCH has risen by 100% ($0.18→$0.36). Now, the 1inch team investment fund has spent a total of 13.64 million USD to acquire 55.85 million 1INCH since February, with an average price of 0.244 USD. Currently, the unrealized gains are 5.13 million USD.

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)