News Formal

1inch wallet buys $10M in ETH following a $3.7M profit streak in July

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

1inch Investment Fund's crypto wallet sold around 11,000 Ether in July for a total profit of $3.7 million.

A crypto wallet belonging to the 1inch Investment Fund has bought huge amounts of Ether a month after recently cashing out on its dollar-cost averaging buys throughout the first quarter of 2023.

Blockchain analysis platform Lookonchain, which follows and posts smart profitable trades, flagged the transaction. According to the firm, the 1inch-affiliated wallet bought a total of 6,088 ETH at the price of $1,655, which means that the company spent over $10 million on the purchase.The wallet bought a total of 17K

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

OnlyFans Diversifies Investment Portfolio With Ethereum (ETH)The firm's owner also gave himself a massive bonus.
Source: Crypto_Potato - 🏆 568. / 51 Read more »