The 1inch team investment fund is suspected of Cut Loss, selling approximately $4.34 million worth of WBTC and ETH.

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According to @EmberCN monitoring, the 1inch team investment fund sold 37.9 WBTC (about $3.28 million) at a price of $86,578 in the past 1 hour, and sold 511 ETH (about $1.05 million) at a price of $2,072, which is suspected of being a loss-making meat cutting operation. On-chain data shows that the fund purchased a total of 44.22 million USD in WBTC, ETH, and 1INCH from February 2 to March 10, which includes: Purchased 11,198 ETH at an average price of $2,577 (approximately 28.85 million USD); Purchased 160.8 WBTC (approximately 14.21 million USD) at an average price of $88,395; Purchased 4.7 million 1INCH at an average price of $0.245 (approximately $1.15 million). Currently, these positions are all in a floating loss.

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