1inch Team Sells 37.9 WBTC and 511 ETH, Revealing Major Investment Trends in Cryptocurrency

In a significant market maneuver reported on March 24th by COINOTAG, the 1inch team’s investment fund executed a sale of 37.9 WBTC valued at approximately $3.28 million, alongside 511 ETH worth $1.05 million. This transaction occurred at respective prices of $86,578 for WBTC and $2,072 for ETH. The trading strategy reflects a calculated approach that the fund has maintained, having invested a total of $44.22 million from February 2 to March 10. During this period, they acquired a substantial 11,198 ETH for $28.85 million, averaging $2,577 per ETH. Furthermore, their investment in 160.8 WBTC totaling $14.21 million indicates a comprehensive strategy focused on both liquidity and asset diversification. The fund’s participation in the crypto market underscores ongoing confidence in ETH, WBTC, and 1INCH.