1inch team investment fund sold some ETH and 1INCH, realizing $8.36 million in profit

According to on-chain analyst Yu Jin, the 1inch team investment fund has begun selling previously purchased ETH and 1INCH on-chain. They have sold 5,000 ETH at an average price of $4,215 for 21.07 million USDC, and 6.45 million 1INCH at an average price of $0.28 for 1.8 million USDC. These ETH and 1INCH sales have generated a profit of $8.36 million.