CandleFocus

1inch Fund Profits from Strategic Token Trades

Author: Content Editor
The investment fund associated with the 1-inch team has earned substantial profits through strategic trading in the volatile cryptocurrency markets. They recently sold 7.5 million $1INCH tokens at a price of $0.5313 each, resulting in approximately $4 million in sales. Over the past few months, the fund had acquired 22.45 million $1INCH tokens at an average price of $0.2451 per token, investing a total of $5.5 million. These calculated transactions led to a profit of $6 million, highlighting the potential returns that can be achieved through strategic market engagement. This success has drawn attention to the potential profit in the decentralized finance (DeFi) market and the need for clear regulatory guidelines in cryptocurrency trading. The case serves as an example of the opportunities and challenges in the evolving cryptocurrency market, attracting both new and seasoned investors.

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