The 1inch team's investment fund has sold another 28.23 million 1INCH tokens in the past 7 hours

According to ember monitoring, the 1inch team's investment fund has once again sold 28.23 million 1INCH in the past seven hours, receiving 1.496 million USDC. As of now, since the start of selling yesterday, the team has cumulatively sold 104.8 million 1INCH and received a total of 5.564 million USDC at an average selling price of $0.53.

The 1inch team previously purchased 224.5 million INCH between July and September for $5.5 million at an average price of about $0.245 per coin.The current sales volume has covered its initial investment cost; any remaining holdings are pure profit.