2023-09-05
Lookonchain revealed that on August 28,
2023, a cryptocurrency wallet relating to 1Inch investment fund bought 6,088
ETH worth $10 million at an average price of $1,655.
1inch
investment fund wallet also bought 17,000 ETH worth $26.8 million at an average
price of $1,569 on January 13, February 9 and March 14 of this year.
It sold
11,000 ETH worth $21 million at an average price of $1,906 on July 5, making $3.7
million profit.
Currently the wallet holds about $80
million worth of cryptocurrencies such as USDC, ETH, and 1INCH. 1Inch
investment fund’s wallet currently has $31.78 million worth of USDT and $15.31
million worth of ETH.
1Inch is a decentralized exchange
aggregator and 1Inch investement fund is an investment arm of 1Inch network. According
to growjo.com 1Inch has a yearly revenue of $23.9 million.
1Inch valuation
Ranking: 109th
largest crypto by market cap.
Market cap: $243 million.
Fully diluted market cap: $355 million.
