According to Foresight News, the 1inch team sold 4,685 stETH in exchange for 8.54 million USDC at an average price of $1,823, realizing a profit of $900,000. Since August 28, the 1inch team has used 15 million USDT and 2.56 million USDC to buy 10,773 ETH at an average price of $1,630.