DeFi Investment Fund Earned Half a Million Dollars with the Coins It Sold

The investment fund of 1inch, one of the decentralized finance platforms, made half a million dollars in profit with the transactions it made in a few days.

According to the data of Blockchain analysis platform Spot On Chain, 1inch Investment Fund traded 420,828 UNIs at an average price of $ 6.29 during night hours. for 2.65 million USDC sold.

1inch Mutual Fund sold UNI on November 11, but then repurchased it for a gain of $20 thousand.

According to Spot On Chain data, 1inch Investment Fund evaluated the rise in UNI price and made approximately 516 thousand dollars made a profit.

According to CoinGecko data, Uniswap’s token UNI gained approximately 17% in value during the week.

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