The 1inch team attracted attention in the market by selling a total of 15.698 million 1INCH for 8.38 million USDC in the last three days.
According to on-chain data and analytics platform EmberCN, the 1inch Investment Fund of major decentralized exchange (DEX) 1inch has attracted attention by regularly selling 1INCH tokens over the past three days.
The institution in question has sold 5.217 million 1INCH tokens for 2.815 million USDC in the last 24 hours. The 1inch team has sold a total of 15.698 million 1INCH tokens to date in the sales series that started on December 5. The total income from these sales was recorded as 8.38 million USDC. The average price of the sales was calculated as $0.533 per token.
With the sale yesterday, the giant exchange had finally made back all the principal they had spent to buy 22.45 million 1INCH between July and September.
Stay tuned for new information.
