Data: The 1inch team investment fund has again withdrawn 6.334 million 1INCH from CEX, with total positions having an unrealized profit of over $5 million.

CoinVoice has recently learned that according to on-chain analyst Yu Jin's monitoring, after transferring 2 million USDT to Binance yesterday afternoon, the 1inch team investment fund withdrew 6.334 million 1INCH an hour and a half 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 buy back 32.41 million 1INCH. 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 to acquire 55.85 million 1INCH since February, at an average price of $0.244. Currently, they have an unrealized profit of $5.13 million. [Original link]