1inch fund offloads $22.87M in ETH and 1INCH

The 1inch team’s investment fund sold 5,000 ETH for $21.07 million in USDC, and 6.45 million 1INCH for $1.8 million in USDC, according to on-chain analyst @EmberCN on X. The ETH was originally bought in February, while the 1INCH was acquired in July. The sales have netted the fund about $8.36 million in realized gains.