The investment team of 1inch has begun selling ETH and 1INCH Tokens, yielding significant profits from on-chain transactions.
According to the analysis of on-chain expert Yu Jin, from July to February, the amounts of ETH and 1INCH purchased have been sold at higher prices, yielding a profit of $8.36 million, reflecting the fund's effective investment strategy.
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The 1inch fund has sold 5,000 ETH at an average price of $4,215/ETH.
6.45 million 1INCH Tokens were sold at an average price of $0.28/Token.
All of these transactions generated a profit of $8.36 million.
How does the 1inch team sell ETH and 1INCH in terms of quantity and price?
According to on-chain trading analysis expert Yu Jin, the 1inch team sold 5,000 ETH at an average price of $4,215 each, and 6.45 million 1INCH Tokens at $0.28 each.
This sale has attracted the attention of many investors as it shows a timely profit-taking strategy, with the profits reflected through significant price increases over the past few months.
How much profit did the 1inch team earn from this sale?
According to calculations from on-chain data, the total profit from selling ETH and 1INCH reached $8.36 million, proving the investment effectiveness and the market insight of the fund management team.
Specifically, selling 5,000 ETH at a price of $4,215 generated revenue of $21.07 million, significantly higher than the initial investment of $28.85 million for 11,198 ETH. Similarly, selling 6.45 million 1INCH at a price of $0.28 brought in $1.8 million while buying at a lower price.
This significant profit helps enhance the fund's reputation while clearly demonstrating a deep understanding and effective risk management in the highly volatile cryptocurrency market.
1inch fund management: "Selling investments that have achieved gains like ETH and 1INCH is a strategic move to protect capital and optimize profits in a volatile market."
Quote from a representative of the 1inch fund, August 2024
What impacts can be seen from the 1inch fund's selling activities in the cryptocurrency market?
The large-scale selling activities of the 1inch team on-chain may influence the short-term price volatility of ETH and 1INCH due to increased supply in the market.
Proactively taking profits shows caution, helping the fund maintain liquidity and capitalize on high price moments. This also reflects the trend of professional investment funds in portfolio management, minimizing risk during volatile market seasons.
On-chain analysis data shows that investors should monitor signals from the trading activities of whales and large funds to assess potential price directions in the cryptocurrency market.
How were the previous buying rounds of the 1inch fund?
The investment team purchased 11,198 ETH in February 2024 at an average price of $2,577/ETH, and 61.76 million 1INCH Tokens in July 2024 at a price of $0.253/Token.
This investment shows that the 1inch fund has a clear plan and reasonable buying timing, taking advantage of favorable price movements to accumulate assets at low costs.
The higher profit-taking results indicate the effectiveness of the strategy at a time when market prices surged in August 2024.
How does the 1inch team manage risk in investments?
Gradually selling large portions helps the team reduce price volatility risk, protect profits, and maintain liquidity.
The profit-taking strategy combined with the timing of purchases allows the fund to respond promptly to strong fluctuations in the cryptocurrency market, ensuring financial sustainability.
Analysis from long-term investors and the fund shows that this approach aligns with the trend of professional risk management in the current cryptocurrency era.
Frequently Asked Questions
How much ETH and 1INCH has the 1inch team sold?
The team sold 5,000 ETH and 6.45 million 1INCH Tokens according to On-chain data recorded by expert Yu Jin.
What is the average selling price of ETH and 1INCH?
The average selling price is $4,215 for each ETH and $0.28 for each 1INCH Token.
How much profit has the investment fund achieved from these transactions?
The profit earned is around $8.36 million, demonstrating the success of the investment strategy.
When and at what price did the fund's initial investment in ETH and 1INCH occur?
The fund bought 11,198 ETH in February 2024 at a price of $2,577/ETH and 61.76 million 1INCH in July 2024 at a price of $0.253/Token.
How does this selling activity affect the cryptocurrency market?
Trading can create short-term price pressure while reflecting the risk management and profit-taking strategies of large investment funds.
Source: https://tintucbitcoin.com/1inch-ban-eth-1inch-loi-836-trieu/
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