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The 1inch team sold the last 55.38 WBTC they held, converting it into 5.5 million USDC.
PANews, May 8 - According to on-chain analyst Yu Jin's monitoring, as the BTC price once again approaches the $100,000 mark, the 1inch team's investment fund sold the last 55.38 WBTC for $99,283, converting it into 5.5 million USDC just 20 minutes ago. Thus, the 1inch team investment fund has sold all 160.8 WBTC purchased at an average price of 88,395 USD between 2/2 and 3/10. The selling average price was 94,219 USD, generating a profit of 936,000 USD.