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The 1inch fund spent 1 million USDC to buy 5 million 1INCH.
Report on April 28
According to on-chain analyst Yu Jin, the new move of the investment fund from the 1inch team has been highlighted. After selling part of their WBTC two days ago, the fund has started buying 1INCH.
Transaction Details
Recently, the fund purchased 5.498 million 1INCH at a price of 0.199 USD through a limit order. The total cost for this transaction was 1.094 million USDC.
Market and Information
This information aims to provide an understanding of the cryptocurrency market and should not be considered as investment advice. These fluctuations may affect the trading strategies of other investors in the cryptocurrency market.
Note
When monitoring large transactions like this, it is important to understand the context in order to make reasonable investment decisions.
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