PANews reported on May 8 that according to on-chain analyst Ember’s monitoring, as the BTC price once again reached the $100,000 mark, the 1inch team investment fund sold the last 55.38 WBTC it held at $99,283 20 minutes ago in exchange for 5.5 million USDC.

In this way, the 1inch team investment fund has sold all the 160.8 WBTC purchased at an average price of $88,395 from February 2 to March 10. The average selling price was $94,219, with a profit of $936,000.