Data: The 1inch team investment fund has withdrawn 6.334 million 1INCH from CEX again, with a total position floating profit of over 5 million dollars

According to ChainCatcher's message, monitored by on-chain analyst Yu Jin, after transferring 2 million USDT to Binance yesterday afternoon, the 1inch team investment fund withdrew 6.334 million 1INCH one and a half hours ago.

Since July 6, they have purchased a total of 13.23 million 1INCH on-chain using 3.43 million USDC, and transferred 7.97 million USDT to Binance to purchase 32.41 million 1INCH back to their address. During this period, the price of 1INCH has increased by 100% ($0.18 → $0.36).

Now, the 1inch team investment fund has spent a total of $13.64 million since February to acquire 55.85 million 1INCH, with an average price of $0.244. Currently, they have an unrealized profit of $5.13 million.