1inch team investment fund suspected of selling WBTC and ETH worth about $4.34 million

Odaily News According to @EmberCN's monitoring, the 1inch team investment fund sold 37.9 WBTC (about 3.28 million US dollars) at a price of $86,578 and 511 ETH (about 1.05 million US dollars) at a price of $2,072 in the past hour, which is suspected to be a loss-making operation.
On-chain data shows that the fund purchased WBTC, ETH and 1INCH for a total of $44.22 million between February 2 and March 10, including:
Purchased 11,198 ETH (about 28.85 million USD) at an average price of $2,577;
Purchased 160.8 WBTC (about 14.21 million USD) at an average price of $88,395;
4.7 million 1INCH (about 1.15 million US dollars) were purchased at an average price of $0.245.
Currently, these positions are all in a floating loss state.