The 1inch team made a profit by selling 4,685 stETH, realizing a profit of US$900,000.

Odaily reported that according to on-chain analyst Ember monitoring, in the past half hour, the 1inch team address chose to sell some ETH at a profit: 4,685 stETH was sold and exchanged for 8.54 million USDC, with an average price of US$1,823, realizing a profit of US$900,000. Since August 28, the 1inch team has used 15 million USDT and 2.56 million USDC to buy 10,773 ETH, with an average price of US$1,630.