A 1inch investor transferred 7.01 million 1INCH to Binance, with total earnings potentially exceeding ten million dollars

ChainCatcher news, according to Twitter user @BitcoinEmber's monitoring, a 1inch investor transferred 7.01 million 1INCH to Binance, worth approximately 3.42 million USD.

The investor has acquired a total of 15 million 1INCH and has now sold all of the unlocked 11.25 million 1INCH. Among them: 2 million were sold on-chain at an average price of 1.34 USD; 750,000 were transferred to FTX at a price of 3.47 USD; 8.5 million were transferred to Binance at an average price of 0.62 USD.

The investor/institution may have realized a profit of 10.6 million USD, with an investment cost of 0.01 USD per unit, yielding a return of 70 times; with an investment cost of 0.067 USD per unit, yielding a return of 10.6 times. (Source link)