Decentralized exchange (DEX) 1inch Network (1INCH) sold millions of dollars worth of Ethereum (ETH) for the first time in months.
1inch team, which has been on the agenda with Ethereum purchases for a while, made a sale this time. Powered by on-chain analysis platform Lookonchain to data according to Tuesday, October 24 The team that took action on the day 8.54 million USD Coin (USDC) in return 4,685 ETH sold. This process will be sent to the 1inch team. 900 thousand dollars profit left.
1inch average last July $21 million worth 11,000 ETH He had sold it. The founding partner who made a statement at the time after the sale Sergej Kunzthe transaction in question belongs to the protocol “Fusion” feature attempt for the purpose of stated that it was carried out.
Next 28 August from date to October 13 average up to from $1,631 approximately $17.5 million worth 10,733 ETH The team that attracts attention by purchasing first sale after a long time has completed the operation.
Your wallet last week Bitcoin (BTC) It is thought that he may have made such a sale in order to evaluate the great rise in cryptocurrencies.
According to current data, in the wallet in question belonging to the team, 15 million dollar worth 8 thousand 400 stETH And USDC worth $18 million is available.
According to CoinGecko data, in the last 24 hours 2.4% Ethereum losing value at the time of writing from $1,772 is being traded.