Decentralized exchange (DEX) 1inch Network (1INCH) purchased millions of dollars worth of Ethereum (ETH).
1inch Network, one of the well-established decentralized exchanges in the market, 13 October Bought Ethereum on the day. Powered by on-chain analysis platform Lookonchain to data by 1inch, average from $1,551 2.5 million USD Coin (USDC) in return 1,609 stETH took.
1inch, July average in month $21 million worth 11,000 ETH He had sold it. The founding partner who made a statement at the time after the sale Sergej Kunz, The transaction in question belongs to the protocol “Fusion” He stated that the feature was carried out for testing purposes.
Next 28 August And 5 Septemberaverage in from $1,645 approximately 15.07 million worth 9,164 ETH The DEX platform that purchased it continued its buying series with this latest transaction.
According to current data, the wallet in question belonging to the team 20 million dollar worth 13 thousand stETH And $15 million worth Tether (USDT) is available.
According to CoinGecko data, in the last 24 hours 2.3% 1inch gaining value, at the time of writing from $0.246 is being traded.