Summary
- The 1inch investment fund reportedly purchased Ethereum and Wrapped Bitcoin worth $25.44 million.
- They are recognized as skilled investors with past profit experiences from Uniswap and ETH investments.
- The average purchase prices for Ethereum and Wrapped Bitcoin in this transaction were reported to be $2,804 and $96,021, respectively.
The investment fund address of 1inch Network (1INCH) has reportedly purchased Ethereum (ETH) and Wrapped Bitcoin (WBTC) worth $25.44 million.
On the 2nd (local time), Spot On Chain announced on X that "over the past 20 hours, the 1inch investment fund purchased ETH and WBTC worth $25.44 million," adding that "they are skilled investors who have previously made millions from investments in Uniswap (UNI), ETH, and others."
Meanwhile, the 1inch investment fund purchased 7,289 ETH ($20.44 million) and 50,072 WBTC ($5 million). The average purchase prices were $2,804 and $96,021, respectively.
Son Min
sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit
