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The 1inch team withdrew 6.334 million 1INCH from the CEX investment address, with unrealized gains exceeding 5 million USD.
BlockBeats news, on July 13, according to EmberCN monitoring, 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 spent a total of 3.43 million USDC on-chain to purchase 13.23 million 1INCH, and transferred 7.97 million USDT to Binance to acquire 32.41 million 1INCH and withdrew to an Address. During this period, the price of 1INCH has risen by 100% ($0.18→$0.36). Now, the 1inch team investment fund has spent a total of 13.64 million USD since February to acquire 55.85 million 1INCH, with an average price of 0.244 USD. Currently, the unrealized gains are 5.13 million USD.