1inch team investment fund cashes out ETH and 1INCH for a profit of $8.36 million

According to on-chain analyst Yu Jin, the 1 Inch team investment fund has profited from selling some ETH and 1 Inch on-chain. They sold 5,000 ETH at an average price of $4,215 for 21.07 million USDC, and 6.45 million 1 Inch at an average price of $0.28 for 1.8 million USDC. These sales generated approximately $8.36 million in profit. The ETH was purchased in February of this year, and the 1 Inch in July.