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1inch Investment Fund Purchases $25.44 Million in Ethereum and WBTC

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Son Min
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  • The 1inch investment fund reportedly purchased Ethereum and Wrapped Bitcoin worth $25.44 million.
  • They are recognized as skilled investors with past profit experiences from Uniswap and ETH investments.
  • The average purchase prices for Ethereum and Wrapped Bitcoin in this transaction were reported to be $2,804 and $96,021, respectively.
STAT AI Notice
  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

The investment fund address of 1inch Network (1INCH) has reportedly purchased Ethereum (ETH) and Wrapped Bitcoin (WBTC) worth $25.44 million.

On the 2nd (local time), Spot On Chain announced on X that "over the past 20 hours, the 1inch investment fund purchased ETH and WBTC worth $25.44 million," adding that "they are skilled investors who have previously made millions from investments in Uniswap (UNI), ETH, and others."

Meanwhile, the 1inch investment fund purchased 7,289 ETH ($20.44 million) and 50,072 WBTC ($5 million). The average purchase prices were $2,804 and $96,021, respectively.

ETH
UNI
1INCH
WBTC
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sonmin@bloomingbit.ioHello I’m Son Min, a journalist at BloomingBit